By Mark Kenkre10 May 2021
A recent Court of Appeal decision marks a watershed moment for consumer protection in respect of self-invested personal pensions (SIPPs). The court held that SIPP providers can be held liable for losses incurred by consumers who are introduced to investments by unregulated introducers.
Mark Kenkre
On 1 April 2021, the court handed down its judgment in
Adams v Options UK Personal Pensions LLP (Options) [2021] EWCA Civ 474. The facts of the case were that in 2011 the appellant, Mr Adams, was contacted by an unregulated introducer CL&P Brokers (CLP). CLP gave Adams information about the possibility of investing in a company called Store First, which leased storage pods. In 2012, Adams went on to set up a SIPP with Options to hold this investment. After transferring his existing pension into the SIPP, Adams became concerned at the poor performance of the investment and commenced proceedings against Options, seeking damages and to unwind his contract wit
Newark care home operators fined £140,000 after resident injured and others exposed to risk of harm Policies are pointless if not scrutinised, regulated and acted upon, the judge said.
04:00, 8 MAY 2021
Bowbridge Court Care Home, in Newark, operated by Ideal Care Homes.
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A provider for a Nottinghamshire care home has been handed a £140,000 bill after a resident was injured at the hands of another, despite opportunities to prevent it.
Outsourcing the state’s responsibilities
As a first step following the law’s adoption, 32 public interest asset management foundations that will be carrying out public functions will be able to begin operations.
In addition to institutions of higher education, foundations will gain possession of mansions, resorts, ports, parks, estates, a theatre, clinics, and shares in a series of companies.
The foundation-based structure outsources activities related to education, culture, healthcare, agriculture, and memory politics away from the state.
The main point of the move is that the state assets handed over to these foundations will no longer strictly be considered public capital. Instead, trustees appointed by the current government will administer the funds and also receive founder rights.
Klaipedos Nafta: NOTICE ON THE CONVENED ANNUAL GENERAL MEETING OF SHAREHOLDERS OF AB KLAIPEDOS NAFTA
We hereby inform you that on the initiative and by the decision of the Board of AB Klaipedos nafta, legal entity code 110648893, registered address at Buriu str. 19, Klaipeda (hereinafter - the Company), an Annual General Meeting of Shareholders of the Company was convened on 30 April 2021 at 1:00 p.m. The meeting was held in the registered office of the Company at Buriu str. 19, Klaipeda.
Annual General Meeting of Shareholders of the Company, held on 30 April 2021, adopted the following resolutions:
On the approval of the audited Financial Statements of the Company for the year 2020:
The Ward Round newsletter, by
HSJ workforce correspondent Annabelle Collins, ensures you are tuned in to the daily pressures on staff, and the wider trends and policies shaping the workforce.
Many readers of
Earlier this month,
HSJ published an exclusive story revealing trust CEO Lesley Watts had written a letter addressed to the trust’s staff, which said the covid jab would be compulsory for all its employees and this would be written into employment contracts.
However, just a few hours after our story went live, the trust denied there were plans to make the jab mandatory and said the letter had not actually been sent. This perhaps highlights how contentious the issue of a mandatory covid jab is.