Tower Street Finance adds further strength to the team

Hot on the heels of our announcement last week about new team members, we’re delighted to welcome another two to Tower Street Finance. Richard Dearden joins us from Irwin Mitchell where he was head of marketing innovation and takes up the new position of head of marketing. Says Richard: “I look forward to bringing my […]

Consultation on Small Payments Scheme

The Ministry of Justice has launched a consultation to review third party access to funds belonging to those who lack mental capacity without the need to get permission from the Court of Protections. The consultation has been launched following concerns over the “length and complexity” of the Court of Protection process, citing a “disproportionate and […]

4 common ways criminals launder money

Money laundering costs the British economy around £37 billion each year. And with the legal sector under increasing scrutiny (and SRA site visits happening right now) it’s something firms should be placing front and centre of their risk planning. A review by the SRA into law firm AML compliance identified the failure to introduce “proper […]

Capping adult care costs: Further detail revealed

Further details around the planned changes to the social care system have been published in a policy paper following the announcements by Prime Minster Boris Johnson in September.  In “Build Back Better: Our plan for health and social care” the government revealed its intention to launch the “Health and social care levy” to invest £5.2bn […]

Equity in UK homes reaches all-time high

Research and analysis conducted by Canada Life, the assurance and financial services organisation, shows that UK homeowners now have over £740 billion of available equity release. Canada Life’s analysis of figures for Q3 2021, taken from the Halifax price index, show that this is the first time that available equity release has reached such a […]

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