Compact cranks are wonderful, but a little more sensitive to cross chaining than your old 42/52. It's not uncommon to have some chain rub when in the 34 and the smallest cogs in the back. That 16-tooth difference (50-34) is a lot and, as a a result, the chain can drag across the outer plate or even the teeth of the 50.
You can tweak the FD a little, but you'll never be able to use the 34-11 or even the 34-12, nor should you because you're pretty cross-chained at that point. If your left shifter has a trim stop (half-click), that will help with the rubbing too.
Hope this helps!