Pensions body slams Tory ‘Philip Green Law’
Pensions specialists came down heavily on a proposal in the Conservative party election manifesto to prosecute company heads who mismanage pension schemes. The proposed “Philip Green Law” is a “shocking misjudgement of the reality", according to Hugh Nolan, the president of the Society of Pension Professionals. (Telegraph)

Former board members to pay for Deutsche Bank misconduct
Deutsche Bank’s supervisory board has sought legal counsel over a plan which seeks a significant financial contribution from former board members, including ex-co-chief executives Anshu Jain and Jürgen Fitschen, for alleged misconduct at the German lender that smeared its image. (Times)