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As AI rapidly transforms the workplace, it is essential for HR professionals to stay ahead of the legal, ethical, and practical developments shaping the future of people management.

Since coming into force on 31 July 2023, the FCA’s Consumer Duty has raised complex questions about scope and compliance, especially for wealth managers given the complexities of their businesses and diverse client profiles. Recent publications at the end of 2025 include a consultation on targeted clarifications to the FCA Handbook and fresh supervisory guidance, with a further consultation on the Duty’s scope expected in early 2026.

Sustainability is rising rapidly up the pensions agenda because of a mix of changing law, regulatory guidance, and growing demand from pension scheme members and other stakeholders.

It continued to be a busy H2 for deals at Travers Smith, and in this note, we bring you the M&A, Private Equity and ECM trends we have been seeing in the UK market during this period. Get in touch with one of the contacts listed or your usual Travers Smith contact to find out more.

The Financial Conduct Authority (FCA) and the Pensions Regulator have issued a new joint consultation on their long-awaited value for money (VFM) framework for workplace defined contribution (DC) pension schemes.

The revised plans aim to take effect from 2028 and follow industry criticism of the FCA's original proposals issued in 2024. The Regulators have softened some measures, but the core principles stand.

Travers Smith LLP is delighted to announce the promotion of two lawyers to Senior Counsel, effective from 1 January 2026.  

Travers Smith LLP has advised FourLeaf Capital on its majority investment in Meaco, the UK's leading provider of award-winning air treatment and in-room climate control products.

Travers Smith LLP has advised new client Summa Equity ("Summa") on the acquisition of Peoplesafe, a leading work force safety provider, from ECI Partners and management.