Accounting for over five percent of UK GDP and employing in excess of 1 million people, financial services is of key importance to the UK economy. Industry success has resulted in more attention being paid by consumers, regulators and the government to how it operates. This is in addition to the other pressures of the business and economic environments.

With the legal framework that businesses operate in, this creates opportunities and challenges that have to be addressed so that the product or service continues to be legal, to gain competitive advantage or maintain market position.

Our Financial Services Group advises on all areas of the law, including:

• New product or fund development/management
• Mergers and acquisitions
• Competition and regulation to deal with the regulatory environment
• Property investment and finance
• IT procurement
• Outsourcing to support restructuring of your cost base from variable to fixed costs
• E-commerce options as clients seek to reduce processing time and make information or self-service options available
• Data protection
• Advice on all aspects of company pension schemes
• Human Resources

Existing clients include banks, fund managers, pension funds, assurance companies and pension trustees.