RBS in court: What happens next

Two collective actions have been launched against RBS. Naomi Rainey examines the implications for institutional investors

clock

Last week saw the launch of two high-profile actions against the largest government-owned bank, Royal Bank of Scotland.

While class actions are common in US courts, collective action of this nature is relatively rare in the UK. Why have the cases been brought now, and what could it mean for the future of collecti...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Court adjourns proceedings against former sports centre director

Court adjourns proceedings against former sports centre director

TPR prosecution against former director of 1066 Target Sports adjourned for ten weeks

Martin Richmond
clock 16 April 2024 • 1 min read
Rory Murphy: The case for a permanent pensions commission

Rory Murphy: The case for a permanent pensions commission

Setting up an ongoing vehicle for reviewing the retirement savings landscape

Rory Murphy
clock 15 April 2024 • 4 min read
LTA abolition: What do schemes need to know?

LTA abolition: What do schemes need to know?

Communication, member protections and transfers just some of the aspects to prioritise

Jasmine Urquhart
clock 15 April 2024 • 6 min read
Trustpilot