FCA blocks employee email containing union petition - reports

'Phishing'

clock • 2 min read
Since July, staff at the FCA have been pushing to join Unite, as changes made under Nikhil Rathi, the watchdog's chief executive, have proved unpopular with employees.
Image:

Since July, staff at the FCA have been pushing to join Unite, as changes made under Nikhil Rathi, the watchdog's chief executive, have proved unpopular with employees.

The Financial Conduct Authority (FCA) has supressed employee efforts to drum up support for a petition urging colleagues to unionise with Unite, following suggestions the regulator was planning to quash automatic annual bonuses for employees.

According to a story in Financial News (FN), the email was sent internally to FCA staff by a group of dissatisfied employees and requested colleagues sign a petition that would recognise Unite as the union for the FCA. However, it was blocked by watchdog executives and labelled a ‘phishing' email, the publication reported. Since July, staff at the FCA have been pushing to join Unite, as changes made under Nikhil Rathi, the watchdog's chief executive, have proved unpopular with employees. In...

To continue reading this article...

Join Cover

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around Covid-19, regulation, diversity and mental health.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Exclusive access to our fortnightly Protection insight mini-podcast.
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Income Protection

British Friendly rolls out income protection enhancements

British Friendly rolls out income protection enhancements

Protect and Breathing Space

John Brazier
clock 15 November 2021 • 2 min read
MetLife rolls out three new clinical pathways for group income protection

MetLife rolls out three new clinical pathways for group income protection

Long Covid, mental health & MSK

John Brazier
clock 04 November 2021 • 2 min read
Tom Robinson, National Account Manager Scottish Widows

Industry Voice: Protecting Mortgage Clients

Tom Robinson, National Account Manager @ Scottish Widows discusses

Tom Robinson, National Account Manager, Scottish Widows
clock 21 October 2021 • 4 min read