The Financial Conduct Authority has said it is turning the spotlight on incentive structures for outsourced handling of insurance claims, following a "super complaint" in late 2025.
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TOP NEWS

FCA Probing Incentive Structures For Outsourced Insurance

By Martin Croucher

The Financial Conduct Authority has said it is turning the spotlight on incentive structures for outsourced handling of insurance claims, following a "super complaint" in late 2025.

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Standard Life Manager Fails In Equal Pay Claim

By Joel Poultney

An employment tribunal has unanimously dismissed claims from a Standard Life manager that she was unjustifiably paid less than her male colleagues, finding in a decision published Thursday that pay differentials between the insurer's staff were not influenced by their gender.

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FCA To Ban Former Director Over 'Reckless' Pension Advice

By Dawood Fakhir

The Financial Conduct Authority said Thursday that it has provisionally fined and banned an adviser from working in financial services for "recklessly" giving unauthorized pension transfer advice to dozens of clients.

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LITIGATION

Brief

Middle Eastern Aircraft Leasing Co. Settles Russia Plane Fight

By Joel Poultney

A Middle Eastern aircraft leasing company has agreed to settle its dispute with two Lloyd's of London insurance syndicates for payments linked to planes stranded in Russia after the country's invasion of Ukraine. 

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DEALS

4 Firms Steer £400M Pension Deal For UK Food Producer

By Joel Poultney

Insurer Canada Life has taken on £400 million ($540 million) of retirement scheme liabilities from a plan sponsored by U.K. food manufacturer Samworth Brothers, in a deal guided by four firms.

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LAW FIRMS IN TODAY'S NEWS

Addleshaw Goddard

CMS Cameron McKenna

Clifford Chance

Gowling WLG

Nabarro LLP

Simmons & Simmons

COMPANIES IN TODAY'S NEWS

Convex Insurance UK Ltd.

Lloyd's America Inc.

Quilter PLC

GOVERNMENT AGENCIES IN TODAY'S NEWS

Financial Conduct Authority

House of Lords of the United Kingdom

The Financial Regulators Complaints Commissioner

UK High Court

UK Upper Tribunal