Tag Archives: UK

The biggest claim in U.K. legal history

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It’s not often you get the chance to use a headline like that and, no, it’s not a D&O claim but it is at least a “true” class action, i.e. one in which the class (in this case all U.K. … Continue reading →

Master trusts: The growing trend for outsourcing U.K. defined contribution pensions

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Master trust defined contribution (DC) pension arrangements may have erupted in the U.K. in the last few years but with all the noise around the proliferation of small trusts that are aimed at small and medium enterprises, the bigger picture … Continue reading →

Robo-advisers – an iron giant

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At the beginning of June, the Financial Conduct Authority (FCA) launched its Advice Unit, designed to help “robo-advisers” – firms offering automated advice through online platforms to deliver cheaper advice to consumers. Advice gap I’d give you advice, but you … Continue reading →

BREXIT – Impact on EU captives and insurers: Pass-porting

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Following Brexit, captive owners and insurers have a maximum of two years from the triggering of Article 50, to formulate any contingency plan. Continue reading →

Could a tsunami wipe out the U.K. coastline?

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Tsunami is a risk unlike any other natural catastrophe: it has the potential to dramatically change the landscape in a very short space of time, leaving devastation in its wake. And as an island, the U.K. is potentially vulnerable to … Continue reading →

I am entitled to a lawyer being present if interviewed by the Serious Fraud Office or similar authority, right?

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We have all seen enough police shows to be familiar with the mantra that you are entitled to have a lawyer present, along with the warning that: You do not have to say anything. But it may harm your defence … Continue reading →

A new insurance act comes into force–but it’s not that one!

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A lot has been written (not least by me) about the new Insurance Act which is due to come into force in August of this year.  It has rightly been described as one of the most important pieces of U.K. … Continue reading →

The Senior Managers Regime – Just a Matter of Doing the Right Thing?

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The Senior Managers’ Regime (SMR), due to come into force in March 2016, is the U.K. financial regulators’ response to widespread concern that bank executives were not held personally responsible for the huge losses of the financial crisis. Yet as … Continue reading →

Using Surety to Free up Capital

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The U.K. construction slowdown of the last few years has prompted numerous contractors to move into new territories, albeit not at the rate that some anticipated (with only one of the top ten European contractors a U.K.-based firm). Those that … Continue reading →

Survey: New Liabilities, Fresh Scrutiny by Regulators, and Cyber Threats Keep Directors Awake at Night

Have you had experience of a claim or investigation involving a director of your company?

We publish today the results of our fourth annual survey of directors’ liabilities which we run together with international law firm Allen & Overy. Since we began publishing this series in 2011, directors in the U.K. have become personally liable … Continue reading →