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‘Bruce, John’
Relief at source and in-specie pension contributions

12 July 2017

Over the past six months, we have seen an increasing number of notifications made to insurers in connection with Her Majesty's Revenue and Customs’ (HMRC) refusal to pay tax relief on in-specie pension contributions.

Robo-advice: risks and rewards of the automated advisor

10 May 2017

Fintech start-ups offering ‘robo-advisory’ services have enjoyed rapid success in recent years. One particular provider reported a 50% rise in assets under management in the first quarter of 2017 alone. More established providers are likewise seeking to embrace innovation and expand their online advisory services.

Taxing matters: Supreme Court gives judgment in case of unjust enrichment

10 May 2017

A successful appeal by Her Majesty’s Revenue and Customs (HMRC) is expected to have a significant impact on unjust enrichment actions brought by a claimant against a defendant to which it has not directly provided a benefit.

Time to Act: new requirement of the Insurance Act comes into force today

04 May 2017

Today marks the end of a 12 month lead-in period for the inclusion of section 13A of the Insurance Act 2015, under the terms of the Enterprise Act 2016.

Brexit’s first casualty? Property investment funds: what you need to know

07 July 2016

The London Market will be keenly following the impact of Brexit. The suspension of redemptions from six property funds this week may signify the first casualty.

Insurance Brief – February 2014

5 March 2014

Welcome to this edition of Insurance Brief. Our feature article this month considers the Court of Appeal’s decision on wronged investors, the Financial Ombudsman Service and the courts.

No more double jeopardy

14 February 2014

Today the Court of Appeal has confirmed what right minded people thought was always the case. Wronged investors have a choice between pursuing a claim through the Financial Ombudsman Service (FOS) or pursuing it through the courts. They cannot choose both.

Insurance Brief - March 2013

25 March 2013

Welcome to this month's issue of Insurance Brief. In this edition, we report on a decision of the High Court concerning the ability of complainants to accept an award from the Financial Ombudsman Service and then pursue a claim for further damages in the courts and a recent case concerning whether the 9/11 attacks on the Twin Towers amounted to one or two events for reinsurance aggregation purposes, and we also consider the latest professional negligence decision relating to limitation.

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