Andrew O’Keeffe, Partner and Sarah Turner, Solicitor at Wedlake Bell talk about the steps to follow when there are concerns about how a trust is being managed. The primary fiduciary role of a trustee is to manage the trust fund
More about Managing a beneficiary: Steps to takeWhy exclude security of tenure? From a landlord’s perspective the main benefit of excluding security of tenure under the Landlord and Tenant Act 1954 (the “Act“) is that at the end of the lease, the tenant has no right to
More about Excluding security of tenure – Back to basicsThe hardening of the professional indemnity market will not have escaped the notice of anyone in the construction industry recently renewing their cover or developers relying on it. Factors including some underwriters ceasing to provide or reducing their capacity; increased
More about Professional indemnity insurance for construction professionals- Hard boiled?Think the elusive artist has automatic rights to their famous murals? It’s a bit more complicated than that. Jack Martin and Kate Johnson break it down. In law, land includes buildings and fixtures. Once something is painted on a wall, it becomes part of
More about What Banksy teaches US about art ownershipThe FCA announced in January this year that the average UK pension fund stands at £61,897. On one side of that scale there are those with no pension savings (a topic for another day!) and on the other side of
More about Sharing pensions on divorce – The importance of submitting evidence promptlyTrials and tribulations for Carey Pensions as it grapples with a Court of Appeal decision on 1 April 2021 that partially overturned an earlier High Court judgment in its favour. BackgroundMr Adams claimed the SIPP operator, Options SIPP (formerly Carey
More about Adams v Options Sipp (formerly Carey Pensions) – Consumer Succeeds Against Sipp OperatorBackgroundThe claimant in this case, Mr Ross Burns, applied for summary judgment in his claim of dishonest assistance against certain defendants (summary judgment is usually possible when one party wants to move to a court decision without a trial –
More about Dishonest assistance – Qrops transfer was an improper investment*A digest of some recent cases: Members suing SIPP operatorIn Adams v Options SIPP (formerly Carey Pensions), the Court of Appeal decided on 1 April 2021 the member’s agreement with the FCA regulated SIPP provider was unenforceable and could be
More about Medley of case law – Trustees and introducers in hot water!