Professional Practices
Free advice – but can you prove breach of duty?
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Our emerging professions liability team is at the forefront of assisting our insurer clients in product development and policy drafting and have developed genuine expertise in this sector. We recognise the growing importance of this sector for insurers and have responded to market needs with innovative, commercially sound solutions to new claims and their processes.
We have experience handling individual claims and scheme work for insurers regarding a wide range of professionals including charities/ associations, designers, educational consultants, management consultants, mortgage administrators, marketing professionals and will writers.
Our team understands that professions considered as emerging in one jurisdiction may be well established in another. We therefore draw on our deep rooted sector knowledge from our international network and understanding of local customs to guide insurers through these issues.
Acting for a wealth management firm in respect of multiple customer complaints concerning advice given to invest in an unregulated collective investment scheme (a fund of hedge funds). We advised on communications with customers and the FOS and have assisted with the design and implementation of a scheme (for approval by the FCA) to compensate all customers who fit within certain defined parameters
Acting for IFAs in claims by clients and the FSCS arising out of the collapse of Keydata Investors who have lost all of their funds
Acting for an IFA on a claim brought by a household name against his former financial adviser in relation to a series of unregulated investments made across the world
Acting for a wealth management firm in relation to civil and regulatory exposures arising from pension switching advice in which customers were advised to switch from occupational to personal pensions
Acting for a well known national IFA network in relation to a series of frauds committed by an adviser
Defending claims in respect of mortgage products and a number of cases in respect of alleged negligent mis-selling of home and equity release schemes
Acting for insurers of a firm of IFAs, in a claim alleging negligent advice in relation to high risk investments following the sale of shares. The case raises novel issues about the duties of care owed to investors who do not wish to invest in traditional types of investment such as equities and bonds
Acting for a global law firm in a multi-party claim following tax and M&A advice provided in the course of the acquisition of a UK publishing business.
Acting for a wealth management firm in respect of multiple customer complaints concerning advice given to invest in an unregulated collective investment scheme (a fund of hedge funds). We advised on communications with customers and the FOS and have assisted with the design and implementation of a scheme (for approval by the FCA) to compensate all customers who fit within certain defined parameters
Acting for IFAs in claims by clients and the FSCS arising out of the collapse of Keydata Investors who have lost all of their funds
Acting for an IFA on a claim brought by a household name against his former financial adviser in relation to a series of unregulated investments made across the world
Acting for a wealth management firm in relation to civil and regulatory exposures arising from pension switching advice in which customers were advised to switch from occupational to personal pensions
Acting for a well known national IFA network in relation to a series of frauds committed by an adviser
Defending claims in respect of mortgage products and a number of cases in respect of alleged negligent mis-selling of home and equity release schemes
Acting for insurers of a firm of IFAs, in a claim alleging negligent advice in relation to high risk investments following the sale of shares. The case raises novel issues about the duties of care owed to investors who do not wish to invest in traditional types of investment such as equities and bonds
Acting for a global law firm in a multi-party claim following tax and M&A advice provided in the course of the acquisition of a UK publishing business.
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