The Solicitors Regulation Authority (SRA) has consulted on measures to reduce the cost of professional indemnity insurance (PII) for solicitors. It will use the findings to draw up proposals to reform client financial protection arrangements early next year. Ideas put…read more
Policyholders to be able to sue for late payment of insurance claims
The government is planning to let companies sue for damages for late payment of insurance claims. At present insurers have no legal obligation to pay claims in a reasonable time. Now measures proposed in the Enterprise Bill, will ‘introduce into…read more
Principal Designers must think carefully about new responsibilities warns Brunel.
The new Construction (Design and Management) Regulations 2015 (CDM 2015) came into full force on 6 October 2015. All commercial construction projects with more than one contractor must now have a Principal Designer and Principal Contractor responsible for health and…read more
Principal designers must think carefully about new responsibilities
The new Construction (Design and Management) Regulations 2015 (CDM 2015) came into full force on 6 October 2015. All commercial construction projects with more than one contractor must now have a Principal Designer and Principal Contractor responsible for health and…read more
FCA consults on insistent client rules
Advisers, worried that pension transfers for ‘insistent’ clients may impact their insurance or lead to complaints, have had their fears recognised by The Financial Conduct Authority (FCA). The regulator has asked IFAs to recommend how it can amend its rules…read more