In our regular monthly update, we share the latest news from our firm.
In May 2023, Capita – which provides outsourced pension administration services to over 450 pension providers – was hacked. As a result, over half a million UK pension holders had their personal data breached.
We launched a group action to help victims of this data breach claim compensation, and we are already representing hundreds of clients in this action.
In July, we revealed that our action now represented clients across 23 separate pension schemes, with more joining our action daily. In addition, we shared that two leading Unions had appointed our firm to provide legal assistance to their members.
As well as helping claimants get justice and compensation through our group action, in July, our firm launched a crisis response service to offer support to pension schemes suffering the consequences of the Capita data breach through no fault of their own.
Empowering scheme administrators to take charge of the rectification process on their members’ behalf, we can provide legal services to scheme members and help schemes to support their members’ compensation claims for damages against Capita. Providing a streamlined solution that removes the hassle from the process, our firm is protecting schemes, and their members at this critical time.
Following the introduction of the FCA’s much-anticipated Consumer Duty, financial regulatory compliance solicitor Alessio Ianiello, associate in our Investment Fraud & Mis-Selling team shared his thoughts.
We look forward to bringing you more news from across our business next month.
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