The financial and reputational risk of phishing based cyber-attacks on Private Client law firms
More than 90% of all cyber attacks begin with phishing according to research by CISA. Phishing is a deceptive practice where cyber criminals pretend to be trustworthy entities to trick individuals, primarily clients, into revealing sensitive information, such as passwords or credit card numbers, often through misleading emails or messages. Your clients might receive an […]
Rising inheritance disputes: Potential causes and mitigating risk
According to data from the Ministry of Justice, Will disputes are on the rise. Statistics demonstrate that in 2016 there were 145 reported inheritance disputes, versus 195 in 2023. This data could represent only a small number of actual issues, however, as some cases won’t necessarily go to court. Kings Court Trust’s new blog explores […]
Later life lending “stands at a crossroads”
Later life lending stands at a crossroads as 28% of advisers seek products which bridge mainstream and later life needs suggests findings from a report conducted by later life lending platform Air. A need for products with a more flexible criteria and those that allow easier capital repayment are the types of features that are […]
FCA warns firms and ‘finfluencers’ to keep their social media ads lawful
Guidance for memes, reels and gaming streams promoting financial services has been published by the Financial Conduct Authority (FCA) last week. The FCA has set out how adverts across social media channels must be fair, clear and not misleading, meaning they must have balance and carry the right risk warnings so people can make well […]
Court of Appeal decision in Brealey v Shepherd & Co
Andrew Williams from Exchange Chambers has succeeded in the Court of Appeal in Brealey v Shepherd & Co [2024] EWCA Civ 303, a decision likely to become a leading case on the subject of the remuneration of trustees and executors. This case involved an estate mainly comprising a high value house. Shepherd & Co Solicitors […]
