UK funds sue RBS for compensation over 2008 rights issue

clock

UK funds have launched a legal claim against Royal Bank of Scotland over "misstatements and omissions" relating to a £12bn rights issue in 2008.

A coalition of 21 funds and financial institutions including pension schemes, represented by London-based law firm Stewarts Law, are seeking compensation for financial losses incurred after RBS iss...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Industry welcomes TPR funding statement but calls for clarity on next steps

Industry welcomes TPR funding statement but calls for clarity on next steps

Industry backs regulator’s call for DB schemes to consider their endgame options and develop surplus policy

Jonathan Stapleton
clock 06 May 2026 • 5 min read
PRA takes action on UK insurers' use of funded reinsurance

PRA takes action on UK insurers' use of funded reinsurance

Funded reinsurance deals will face enhanced regulatory requirements

Jonathan Stapleton
clock 29 April 2026 • 3 min read
Parliament agrees Pension Schemes Bill paving way for Royal Assent

Parliament agrees Pension Schemes Bill paving way for Royal Assent

House of Lords agrees heavily amended mandation powers accepting final draft of bill

Jonathan Stapleton
clock 29 April 2026 • 6 min read
Trustpilot