Analysis

FCA Misconduct Update Still Leaves Firms 'In The Dark'

By Adele Redmond

Clarity from the Financial Conduct Authority on the limits of its powers to tackle bullying and harassment will come as a relief to professionals — but lawyers have warned that non-banking companies must now join lenders to broaden staff training, revisit conduct policies and strengthen whistleblowing protocols.

Read full article » | Save to favorites »

FCA Floats Pension Transfer Overhaul For Better Outcomes

By Martin Croucher

The Financial Conduct Authority has proposed rules that will allow pension providers to create new online planning tools for customers considering a savings transfer.

Read full article » | Save to favorites »

Brief

BBC Hit With Libel Claim By Founders Of LGBT News Website

By Joanne Faulkner

The couple who run LGBT news website PinkNews have filed a libel claim against the BBC after describing allegations broadcast in a documentary investigating sexual misconduct at the publisher as "false, inconsistent and malicious."

Read full article » | Save to favorites »

Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

This past week in London has seen Shell hit with a climate change claim from 100 survivors of a typhoon in the Philippines, London Stock Exchange-listed Oxford Nanopore bring legal action against its co-founder, and the editors of Pink News sue the BBC for defamation following its investigation into alleged sexual misconduct at the news site.

Read full article » | Save to favorites »

Collective Pension Rules Need Safeguards, Trade Body Says

By Joel Poultney

Plans by the U.K. government to allow savers to transfer their retirement pots into a collective program must be supported by strong safeguards to protect retirees against unforeseen hitches such as market volatility and mispricing, a trade body has said.

Read full article » | Save to favorites »

Still 'Too Much Complexity' In Savers' Retirement Choices

By Joel Poultney

Savers in the U.K. still face "too much complexity" over their retirement decisions, a pensions provider has said, warning that many are ditching official guidance and turning to social media platforms such as Facebook for information.

Read full article » | Save to favorites »