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While the usual UK employment laws apply to financial services employers, there are a number of key extra issues for them to deal with.
For example, individuals performing controlled functions must have approved person status, which is obtained by making an application to the Financial Conduct Authority and/or the Prudential Regulation Authority.
XpertHR provides HR information and guidance for employers in financial services.
11 Mar 2020
As coronavirus affects stock markets and the Bank of England cuts interest rates, Dr Simon Hayward looks at the challenges...
9 Mar 2020
HSBC has reported the widest median hourly gender pay gap among financial services companies to report so far.
3 Mar 2020
Rather than run the risk of being caught out by the extension of off-payroll working rules to the private sector,...
24 Feb 2020
Projections point to a recovery later this year as global efforts to contain the outbreak bear fruit.
20 Feb 2020
Barclays has scrapped the use of an employee monitoring platform following a backlash from staff and criticism from privacy professionals...
12 Feb 2020
Half of contractors plan to leave clients in the next eight weeks thanks to changes to the IR35 ‘off-payroll’ rules...
10 Feb 2020
Almost a third of workers at Lloyds Bank are struggling financially, according to a confidential union survey seen by The...
6 Feb 2020
A House of Lords select committee is to scrutinise the extension of IR35 rules to the private sector, just two...
31 Jan 2020
TMP Worldwide took the coveted Work of the Year for its campaign for The AA.
16 Jan 2020
A 55-year-old Citigroup banker who was told “you are old and set in your ways” won his case at employment tribunal earlier this month, pending appeal.
23 Dec 2019
Lloyd’s of London’s whistleblowing hotline – the only anonymous channel for employees to report concerns – was not operational for more than a year.
13 Dec 2019
Artificial intelligence and tech roles fill the top ranks of the UK's fastest emerging jobs according to new data revealed by LinkedIn.
6 Dec 2019
Lloyd’s of London has urged its own staff and those of its members to behave correctly at this year’s Christmas...
3 Dec 2019
TSB’s leadership team will have their bonuses docked after the firm failed to increase the proportion of women in senior...