A surveyor has been found liable for the full extent of a couple’s loss after their property had to be demolished and rebuilt. The case was an instance of a surveyor giving negligent advice in relation to the transaction…read more
Adviser must pay client’s £60,000 tax bill following deficient advice. Published March 2021
The Financial Ombudsman has ordered wealth manager, Brewin Dolphin, to pay a client’s £60,000 income tax bill. The firm had recommended that the client put £160,000 into a pension without first…read more
FCA confirms ban of sale of speculative illiquid securities to retail investors. Published February 2021
A temporary ban on the sale of speculative illiquid securities to retail investors, introduced in January 2020, has been confirmed by the Financial Conduct Authority (FCA). From 1 January 2021 IFAs will only be allowed to sell speculative ‘mini bonds’…read more
Stress Awareness Month – Causes of Stress
History Stress Awareness Month is held every April and has been running since 1992; this month is dedicated to raising awareness. Stress is in fact classified as a health condition as…read more
Email attachments are not covered by legal privilege court confirms. Published March 2021
Documents attached to an email are not covered by legal professional privilege (LPP), even when the message itself is privileged the Supreme Court has clarified. LPP is a right which protects…read more
Barrister ordered to contribute to law firm’s negligence pay-out. Published March 2021
A barrister has been ordered to pay 40% towards the cost of a law firm’s negligence settlement – even though an action against him was dropped. The barrister was instructed by…read more
Law firm fined for breaching AML regulations in property transactions. Published February 2021
Breaches of anti-money laundering (AML) regulations have cost a Midland’s law firm £14,000 in fines and £3,500 in costs. The firm was fined by the Solicitors Regulation Authority (SRA) after missing…read more
