An appeal sent by email to the First-tier Tribunal was not validly served after it was blocked by the Tribunal’s firewall. The case highlights the risk of using email to send important information to the courts without checking it has…read more
PFS calls for PI insurance grace period during COVID-19 outbreak. Published May 2020
The Personal Finance Society (PFS) has called on the Financial Conduct Authority (FCA) and HM Treasury to grant financial advisers a four-month waiver if they need to renew their professional indemnity insurance (PII) during the coronavirus lockdown. The Society is…read more
RICS to review valuation practices to combat conflicts of interest. Published May 2020
The Royal Institution of Chartered Surveyors (RICS) is planning to review its valuation practices amid fears that advisory firms could face conflicts of interest. A report in The Times newspaper said that surveyors could be conflicted if “they are appointed…read more
Retail tycoon loses ‘wasteful’ negligence claim against solicitors. Published May 2020
Philip Day, millionaire owner of the Edinburgh Woollen Mill, has lost a negligence claim against his law firm, Womble Bond Dickinson. Day accused the law firm of professional negligence after he was found guilty of unlawfully felling 43 trees on…read more
COVID -19 and Important changes to the RICS Minimum Approved Wording – Ensure you are covered!
It is important that you consider adding additional EWS1 limitation wording to your valuation reports to maintain professional indemnity insurance cover as explained below. COVID-19 and Material Valuation Uncertainty In light of the global COVID-19 pandemic, upon renewal of professional…read more
Professional Indemnity Insurance – A viable alternative to AOC cover? (Originally published October 2018)
(Originally published by the Association for Consultancy and Engineering in InterfACE News October 2018) James Burgoyne of Brunel Professions discusses some of the differences between Any One Claim cover and Aggregate – Round the Clock Reinstatements cover The professional…read more
Government plans to bring the planning system ‘into the 21st century’. Published May 2020
Government plans to overhaul the planning system will see developers encouraged to build on brownfield sites, convert disused buildings into homes and build around train stations. Robert Jenrick, MP and the Housing Secretary, outlined his proposals ahead of the publication…read more
