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Beware the risks of not taking independent financial advice

Author headshot imagePosted by , Senior Associate

Cutting out the cost of seeking independent financial advice and making your own choices can save on fees, but can also leave you unprotected in the event that your investments go wrong.

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Beware the risks of not taking independent financial advice

Author headshot imagePosted by , Senior Associate

Cutting out the cost of seeking independent financial advice and making your own choices can save on fees, but can also leave you unprotected in the event that your investments go wrong.

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Mopping up after the floods – Insurance Broker Negligence

Author headshot imagePosted by , Senior Associate

This winter has been the wettest in UK records with thousands of homes and businesses affected who have found themselves without adequate cover due to their insurance broker’s negligence.

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Third Anniversary of the Abolition of Expert Witness Immunity

Author headshot imagePosted by , Partner

March marks the third anniversary of the abolition of expert witness immunity. This has provided those bringing professional negligence claims due to an unsatisfactory legal outcome with more options.

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No right to a second bite at the cherry when claiming for financial adviser negligence

Author headshot imagePosted by , Senior Associate

The Court of Appeal rules that consumers cannot accept an award for losses from the FOS and then sue their adviser in cases of financial adviser negligence.

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Solicitor Negligence: Witness Statements

Author headshot imagePosted by , Partner

Historically solicitors have been able to agree extensions to the date for serving witness statements; however, they may be sued for negligence if they try to do this now.

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Accountant Negligence: Out of Their Depth?

Author headshot imagePosted by , Senior Associate

Professional advisers, in this case accountants, have a duty to advise their clients to seek specialist advice on savings opportunities in order to avoid Professional Negligence liability.

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The effects of Law Society Accreditation Schemes

Author headshot imagePosted by , Senior Associate

These schemes are intended to increase transparency and reduce professional negligence, but do the schemes really work?

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Can claims for losses flow from financial adviser negligence?

Author headshot imagePosted by , Senior Associate

In a word, yes. In some cases, the losses caused by changes in the markets and financial crisis are not unforeseeable and therefore the losses flowing from financial adviser negligence will be recoverable.

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‘Plebgate’ Appeal and Potential Professional Negligence Claims

Author headshot imagePosted by , Senior Associate

Professional negligence claims are predicted to be on the rise following Andrew Mitchell’s ‘Plebgate’ claim which served as a stark warning for all solicitors.

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