Sector focus

New and updated

• Type:

  Contract clauses

  Contract of employment for senior manager (financial services)

  A contract of employment for an employee performing a senior management function under the Senior Managers & Certification Regime (SM&CR).

• Type:

  Contract clauses

  Contract of employment for certified person (financial services)

  A contract of employment for an employee performing a certified function under the Senior Managers & Certification Regime (SM&CR).

• Type:

  Employment law guide

  Senior Managers and Certification Regimes: financial services

  The Government has published plans to make the Senior Managers & Certification Regime (SM&CR) simpler and less rigid, giving regulators more flexibility and reducing the administrative burden for firms.

• Type:

  Quick reference

  Statutory redundancy payments ready reckoner

  The statutory limit for calculating redundancy entitlements has increased with effect from 6 April 2026. HR departments must ensure that all redundancy payment calculations, associated documents and internal policies are updated to comply with the new rate.

• Type:

  Employment law guide

  Remuneration in financial services: scope of regulation

  This guide explains the scope of the UK's remuneration rules for financial services firms, focusing on what counts as remuneration; which firms and individuals are covered by the rules; and how the Remuneration Code has evolved.

• Type:

  Employment law guide

  Discipline and dismissal: notification and reporting requirements in financial services

  The FCA has updated its approach to tackling non-financial misconduct,  including bullying and harassment. The rules, which also cover relevant misconduct outside the workplace, come into effect on 1 September 2026.

• Type:

  Legal timetable

  Reform of trade union laws - phase one

  Updated to reflect that extended protection against dismissal for taking industrial action will come into force on 18 February 2026. 

• Type:

  Legal timetable

  Re-establishment of the School Support Staff Negotiating Body

  Updated to reflect that the Employment Rights Bill received Royal Assent on 18 December 2025.

• Type:

  Legal timetable

  Protection for outsourced public-sector workers

  Updated to confirm that this measure is expected to come into effect in October 2026, according to the Government's updated timeline.

• Type:

  Legal timetable

  Fair Pay Agreement in adult social care sector

  Updated to reflect that the Employment Rights Bill received Royal Assent on 18 December 2025.