The FCA’s thematic review of retirement income advice – A “mixed picture”
News
Financial services litigation
Announced in January 2023, the FCA has recently published its latest thematic review into retirement income advice. The FCA has published its report TR24/1 alongside a Dear CEO letter asking firms to make improvements to their processes.
Written by
Laura Robinson (née Hazell)
and
Meg Perris
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The Renters Reform Bill and the loss of Section 21 notices
News
It is the intention that the Renters Reform Bill will abolish Section 21 notices, while strengthening landlords’ legitimate grounds for taking back their property. The proposed change is to aim to strike a balance between the rights of tenants and the rights of landlords.
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The UK officially left the EU on 31 December 2020. Since then there has been a lot of speculation with employers as to what types of right to work checks they need to carry out with EU nationals and how EU nationals are able to work in the UK after Brexit.
Read more on The right to work in the UK after Brexit
Time running out for shared appreciation mortgage borrowers to claim compensation
News
Financial services litigation
Thousands of homeowners trapped by shared appreciation mortgages (SAMs) in the 1990s should take legal advice as soon as possible as there are time limits within which compensation must be claimed.
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The UK IPO has reviewed its decision in relation to “interrupted days” and has declared that its “interrupted days” period will end on 29 July 2020. Therefore, the first non-interrupted day will commence on 30 July 2020 and all normal operations will resume.
Read more on UK IPO extends deadlines due to COVID-19
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