Financial Conduct Authority………. Regulation Roundup
The Financial Conduct Authority (FCA) have just published their Regulation Roundup for November 2016 and it produced some interesting reading: The FCA have identified that some Mortgage Firms have automatically included customers’ payment shortfall balances within their monthly mortgage payments which are recalculated from time to time, for example when an interest rate changes. This […]
Settlement agreements: what you need to know
Employment relations end for a multitude of reasons. Some are involuntary such as compulsory redundancy, misconduct, poor performance or where an employee feels they have no option but to resign due to the treatment they have received. Others are more amicable such as voluntary redundancy. Whatever the reason, a termination of employment can bring the […]
Could the Uber ruling impact on your business ?
Last Friday in a high profile decision an Employment Tribunal ruled that two drivers who provide services to the app based taxi firm, Uber, are ‘workers’ within the meaning of employment legislation. The concept of “worker” is an intermediate status between the genuinely self-employed who carry out services for a client or customer and an […]
Are banks dealing with Lasting Powers of Attorney in the right way?
When someone loses the ability to manage their own affairs, it can be a stressful time for family and friends. But if that person made a Lasting Power of Attorney (‘LPA’), things can be made much easier. Yet don’t assume your relative can just walk into the bank and access your money, even if it […]
Panama Papers highlight the issues of hidden assets in divorce
It has been reported a lot recently in the media about spouses who have tried to conceal their wealth from their ex-spouses during divorce proceedings and the consequences of that dishonesty coming to light at a later date. One case that was dealt with by the Supreme Court was that of Sharland and Gohil where […]
Rise in Divorce Petition Court Fees
Its already two weeks since the government decided to increase the fee for issuing a divorce petition from £410 to £550, which is an increase of about 35%. The rise has already seen the potential for even more financial pressure on separating spouses who are already worried about the impact a divorce will have on […]
Probate fees set to skyrocket
The families of wealthy relatives could face a major rise in probate fees following recent proposals announced by the government. The Ministry of Justice is consulting on a proposed increase in the fees which families of a deceased person will have to pay for a ‘Grant of Representation’ (a Grant for short). A Grant is […]
Is divorce the best step?
A marriage break-up can be very upsetting. When it becomes clear that the relationship is badly broken, divorce is often the first thing in everyone’s mind. It’s a way of channelling the anger and resentment into something legal and permanent. Getting divorced will undo the marriage and resolve everything soon, won’t it? Well, no. We […]
Not married … but in a long-term relationship?
There’s lots going on in the law at the moment about the rights of individuals in long-term relationships. For instance, it’s been reported that each year around 7,000 newly-bereaved partners receive nothing in bereavement benefit when their partner dies because they weren’t married or in a civil partnership. If ministers get their way and the […]
If you felt that a deceased relative should have left you more under their Will, would you challenge their wishes? Traditionally, English law allows individuals to leave their assets to whomever they please. But this does not prevent Wills being challenged, however unpalatable this may seem. In fact, on 25th January 2016, The Times […]