Month: July 2018

Wills & Probate

UK will implement anti-money laundering directive

The UK will adopt European laws designed to combat terrorism and money laundering post-Brexit. The new regime could reveal the beneficiaries of thousands of secretive trusts. In a private letter to MP Margaret Hodge, Lord Henley, a parliamentary undersecretary of state at the Department for Business, Energy and Industrial Strategy (BEIS) revealed the government’s intention […]Read More

Wills & Probate

Report highlights looming UK incapacity crisis

A recent report warns that the UK is facing an incapacity crisis; with the nation unprepared for end of life. According to Solicitors for the Elderly and leading think-tank Centre for Future Studies, millions of Britons are leaving vital decisions about their care in the hands of strangers. The study highlights that a growing number […]Read More

Firms & People

New role for risk and compliance expert at Legal Eye

Legal Eye’s Senior Compliance Manager Helen Glaze has been promoted to the newly created role of Head of Risk, Compliance and Best Practice. The change is in recognition of Helen’s strong technical knowledge and her increasing involvement in the senior leadership team especially in the areas of strategy and management. In her new role Helen […]Read More

Wills & Probate

The importance of family tree verification in intestacy cases

Genealogical research and asset repatriation business, Title Research, has highlighted the importance of family tree verification in its latest case study. The report looks at how changing family dynamics can easily lead to misdistribution without proper investigation. In this case, Title Research was instructed to verify the deceased’s paternal family in an intestacy case. The […]Read More

Firms & People

New Money Laundering regulations edge closer

The UK government has again confirmed that it will adopt the EU Fifth Anti-Money Laundering Directive (5AMLD), enacted earlier this year. Lord Henley, a Parliamentary Under-Secretary of State at the Department for Business, Energy and Industrial Strategy, noted in a private letter to Margaret Hodge MP that the January 2020 deadline for transposition of the […]Read More

Fraud Regulation

The SRA Risk Outlook 2018/19

Today the SRA have released their Risk Outlook 2018/19. They have included two new priority risks this year: 1. Managing claims ‘We are increasingly concerned about the practises of some firms that offer personal injury work, including holiday sickness claims. Similarly, some firms bringing payment protection insurance claims may not always be meeting the high standards […]Read More

Legal Cases Wills & Probate

The importance of family tree verification in intestacy cases

Genealogical research and asset repatriation business, Title Research, has highlighted the importance of family tree verification in its latest case study.   The report looks at how changing family dynamics can easily lead to misdistribution without proper investigation.   In this case, Title Research was instructed to verify the deceased’s paternal family in an intestacy case. The […]Read More

Pensions

Over-40s are underestimating State Pension amount

Seven in ten over-40s are underestimating the full State Pension amount by around £1,460 a year. That’s according to research from specialist UK financial services group Just Group. Sharing its latest findings, Just Group claims that around 25% of over-40s believe that the 2017/18 UK State Pension is around £6,000-£6,288. However, in reality, it is […]Read More

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