The Solicitors Regulation Authority (SRA) has published new claims data as part of its attempt to reform the minimum terms for solicitors’ professional indemnity insurance (PII). It shows that ninety eight per cent of solicitors’ PII claims are settled for…read more
Complaints about agents jump 32 per cent in a year
Complaints about estate agents and letting agents have leapt by 32% over the last year according to The Property Ombudsman’s annual report. The Ombudsman received over 16,000 complaints from the public and resolved more than 3,300, finding against agents in…read more
Cyber-ransom attacks soar says leading insurer
At the same time cyber-attacks on smaller businesses are increasing says a government report. Ransomware attackers hack into a business’s systems and encrypt the data so that it is unusable. It then demands a ransom to provide an encryption key…read more
Suitability reports in the spotlight
Regulators have met with financial advisers’ representatives to develop guidance on suitability reports. The Financial Conduct Authority (FCA) and Financial Ombudsman Service (FOS) have held talks with the Association of Professional Financial Advisers (APFA) and the Personal Finance Society (PFS)….read more
Architecture firm forced to reveal expert witness documents
Professional firms need to take great care in their dealings with expert witnesses in negligence cases or run the risk of handing an advantage to the other side. In a recent construction case one party was forced to hand over…read more
