Financial professionals

Financial professionals turn to us when they need help defending claims, resolving disputes, and managing regulatory issues.

Our experience in this field is vast. We've defended claims against financial advisers and networks, discretionary investment and fund managers, pension trustees, administrators and actuaries, offshore trustees and corporate service providers.

We provide a full service offering to financial and pensions professionals and have lawyers specialising in key areas of the field. These include civil claims, Financial Ombudsman Service (FOC) complaints, s166 skilled persons reports, past business reviews and Pensions Ombudsman complaints.

Examples of work

Bringing judicial review proceedings against the FOS in R v Financial Ombudsman Service Limited

Acting for pension trustees in relation to a multi-million-pound claim arising out of alleged failure to equalise retirement ages and accrual errors

Advising on financial adviser networks' liability for appointed representatives' acts, including where those acts amount to fraud

Acting for various financial services firms and their insurers in dealing with investment claims and complaints, Financial Conduct Authority (FCA) s166 reports and past business reviews

Advising offshore trustees and corporate service-providers in respect of a multi-million-pound dispute being litigated in Guernsey

Spotlights

They always go the extra mile.
Chambers UK 2015

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They have a good spread of high-level expertise.
Chambers UK 2016

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RPC has a reputation for contentious insurance work in the financial lines, international property and power generation and energy sectors, areas in which it receives increasing numbers of instructions.
Legal 500 UK 2018

They are friendly and have a no-nonsense approach.
Chambers UK 2015

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Our perspective

The Future of Insolvency Regulation

Published on 04 January 2022. By Rachael Healey, Partner

On 21 December 2021 the Government launched a consultation into the future of insolvency regulation. The changes proposed in the consultation document will have a wide ranging impact on the insolvency profession (and its insurers) with the proposals including: the direct regulation of insolvency firms, the introduction of a single regulatory body with powers to order compensation against insolvency practitioners and firms, a new additional requirements regime, changes to the bond regime and a public register of insolvency practitioners and firms. Many of the changes proposed require primary legislation and so it may be some time before the changes to take effect (if adopted). But there does appear to be some wind behind these proposals given they follow on from the Call for Evidence in 2019 and a more general focus on insolvency issues in the wake of the Covid-19 pandemic.