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NEWS
Law360, London: The government said on 15 January 2024 that it intends to reverse the 'damaging effects' of a UK Supreme Court ruling that has threatened the business model of litigation funders, as the Post Office scandal revealed the growing role financiers play in civil claims.
NEWS
Law360: Government plans to introduce a lifetime pension provider model represent a 'major distraction' from more urgent retirement savings reforms, a consultancy has said, echoing wider concerns in the sector over the proposed shake-up.
NEWS
Law360: Slashing the tax relief on pension contributions paid by employers could cost businesses nearly £500 per worker and reduce future retirement savings pots at a time of growing concern that pension scheme members aren't saving enough for later life, Hymans Robertson said on 18 October 2024.
NEWS
Law360: The government must avoid introducing a legal requirement on UK pension plans to invest a proportion of their funds in domestic assets, WPI Economic, a consultancy has warned.
NEWS
Law360: The Labour government must remember that the 'primary role' of pensions is to support retirees in later life amid growing efforts to use the trillion-pound sector to drive economic growth, Royal London has warned.
NEWS
Law360: The UK government has been urged to proceed with caution over proposals to reintroduce fees for lodging employment tribunal claims, lawyers warned on 2 October 2025, following reports that such charges may be reconsidered.
NEWS
HM Treasury (HMT) has published an exchange of letters between the Financial Services Skills Commission (FSSC) and the Economic Secretary to the Treasury on the development of a financial services skills compact, which will aim to accelerate progress towards ‘a financial services sector that has the skills it needs to thrive into the future’.
NEWS
Law360: The Pensions Minister is set to meet with women who claim they are owed billions in compensation due to historic state pension failings, campaigners said.
NEWS
Liberty, the civil liberties organisation, reports that the government has decided not to appeal against the Court of Appeal’s judgment in R (on the application of the National Council for Civil Liberties) v The Secretary of State for the Home Department (Public Law Project and another intervening) [2025] EWCA Civ 571, in which Liberty challenged the government under its formal name. In May the Court of Appeal held that the Public Order Act 1986 (Serious Disruption to the Life of the Community) Regulations 2023, SI 2023/655 were ultra vires. The regulations had been intended to amend the Public Order Act 1986 so as to empower police to impose conditions upon public processions and assemblies they reasonably believed may result in 'more than minor' disruption.
NEWS
Law360: HM Treasury has held an emergency meeting with leaders of the finance sector to discuss government plans to make UK capital markets more competitive, including streamlining the process of listing on the London Stock Exchange (LSE).
NEWS
The Money and Pensions Service (MaPS) hosted a 'town hall' event on 2 December 2024, bringing together government, regulators, and industry stakeholders to discuss the progress of pensions dashboards. The Pensions Dashboards Programme (PDP) reported that all volunteer participants will be invited to start connection by mid-December 2024, with two having already completed integration testing. Wider industry connection is expected to commence in April 2025 as planned. The event also featured updates on the MoneyHelper pensions dashboard, user testing plans, and regulatory approaches from The Pensions Regulator and the Financial Conduct Authority. This collaborative effort underscores the commitment to delivering dashboards that will enhance public engagement with pensions.
NEWS
Law360, London: Governments called on 12 November 2025 for a shared definition of harmful tax practices as they weighed which commitments to make on the topic within the UN tax convention.