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FCA

FCA authorised firms that are coining more than 40% profits out of leasehold insurance, and here’s how:

Category: Competition and Markets Authority / OFT, Insurance, Latest News, NewsTag: ARC Time Freehold Income, Arthur J Gallagher, Consensus Business Group, Cox Braithwaite, E&J Estates, E&M Estates, FCA, Financial Conduct Authority, FirstPort, Ground Rents Income Fund plc, Homeground Management Limited, Knight Square, Long Harbour, Rendall and Rittner, Simarc, Wallace Partnership Group

LKP’s response to the Financial Conduct Authority report on leasehold buildings insurance

Category: Competition and Markets Authority / OFT, Insurance, Latest News, NewsTag: FCA, Financial Conduct Authority, Insurance

Tory Treasurer Lord Leigh and Priti Patel’s family accused of gaming the opportunities of leasehold

Category: Insurance, Latest News, NewsTag: Andrew Ellson, Anjana Patel, CMA, Daily Mirror, David Cameron, Dennis Reed Limited, Dependable Investments Limited, FCA, First-tier Tribunal, Harry Scoffin, Insurance, Insurance scams, Lord Leigh of Hurley, Martin Boyd, Michael Gove, Michael Nock, Neil Solanki, Priti Patel, Property tribunal, Sushil Patel, The Times, Trevor Leigh

Conservatives and RICS kicked back at insurance kickbacks in 2006. Unfortunately, they did nothing about it – and here we are

Category: Insurance, Latest News, NewsTag: ARMA, Chainbow, Christos Lazari, Estates Gazette, FCA, Graham Chase, Harry Scoffin, ICOBS, Lazari Investments Limited, Lord Barker of Battle, Lucy Barnard, Michael Gove, Peter Bill, Peter Rochford, Rendall and Rittner, RICS, Robert Bryant-Pearson, Roger Southam, Sir Terence Etherton, Tchenguiz Family Trust, Theresa Villiers MP, Vincent Tchenguiz

Note to Mr Gove: FSA was warning of ‘reputational risk’ in not cracking down on secret leasehold insurance commissions 17 years ago!

Category: Insurance, Latest News, NewsTag: Andrea Coscelli, ARMA, Bob Blackman MP, Clive Briualt, CMA, FCA, Federation of Private Residents Associations, Harry Scoffin, ICOBS, Insurance scams, Insurance Times, John McDonnell, John Prescott, LEASE, Leasehold Advisory Service, Lord Newby, Martin Boyd, Matt Brewis, Michael Gove, OFT, Rabina Khan, Sarah Olney MP, Sir Peter Bottomley

Michael Gove: Is this the robust inquiry into leasehold insurance fiddles that you wanted from the FCA?

Category: Competition and Markets Authority / OFT, Insurance, Latest News, NewsTag: CMA, Competition and Markets Authority, FCA, Financial Conduct Authority, Lord Newby, Rabina Khan, Sarah Olney MP, Sir Peter Bottomley

Insurance insiders call for an end to secretive leasehold insurance commissions following Canary Riverside ruling

Category: Canary Riverside, Insurance, John Christodoulou, Latest News, NewsTag: Branko, Branko Bjelobaba, Canary Riverside, Canary Riverside Estate Management Limited, CMA, Create Solutions, Dart Compliance, FCA, Insurance, Insurance Age, Insurance scams, Insurance Times, James Dart, John Christodoulou, Judge Amran Vance, Judge Timothy Powell, Michael Gove, Mike Cranny, Nick Symes, Nikhil Rathi, Octagon Overseas Limited, Reich, West India Quay, Yianis Group

John Christodoulou fails to dump £355,000 gym debt onto the Canary Riverside leaseholders. Insurance commissions to be disclosed. And judge criticises his ‘extremely unattractive’ approach to tribunal

Category: John Christodoulou, Latest News, NewsTag: Alan Coates, Canary Riverside, Canary Riverside Estate Management Limited, CMA, Daniel Dovar, FCA, First-tier Tribunal, Insurance, John Christodoulou, Jonathan Upton, Judge Martin Rodger QC, Justin Bates, Octagon Overseas Limited, Parkgate Aspen, Philip Rainey QC, Property tribunal, Reich, Sol Unsdorfer, Upper-tier Tribunal, West India Quay, Yianis Group

James Walton, ABI

Gove calls on complacent FCA to stop the leasehold insurance rip-offs, and urges the CMA to get stuck in as well

Category: Insurance, Latest News, NewsTag: Association of British Insurers, CMA, Competition and Markets Authority, FCA, Insurance, Insurance scams, James Dalton, Lord Newby, Michael Gove, Rabina Khan, Sarah Olney MP

Vicky Pollard property tribunal: yes, but … no, but … Yes, you have been ripped off over insurance. But no, we can’t do anything about it

Category: Insurance, Latest News, News, Property tribunal, Richard DavidoffTag: 2 Trevor Close, Cadogan Estate, Dennis Reed & Co., Dependable Investments Limited, Eagle Star, FCA, Financial Ombudsman, First-tier Tribunal, Harry Scoffin, Insurance, Insurance scams, Jeremy Peachey, Judge JR Morris, Judge Naomi Hawkes, Judge Timothy Powell, Lord Leigh of Hurley, Mr M Cairns MCIEH, Neil Solanki, Nilesh Solanki, Pier Management, Property tribunal, Realty, Regis Group, Richard Davidoff, Siobhan McGrath, Trevor Leigh, Zurich

Financial Conduct Authority under pressure to force open secretive insurance commissions, so leaseholders can see what they are paying for

Category: Ballymore, E&J Capital Partners, Insurance, Latest News, News, PressTag: Andrea Coscelli, Arthur J Gallagher, Aviva, Ballymore, Ben Chapman, Cladding insurance, Competition and Markets Authority, Countryside Properties plc, FCA, Harry Scoffin, Insurance, Insurance scams, Liberal Democrats, Lord Newby, Marsh, Persimmon, Rabina Khan, Rendall and Rittner, Sarah Olney MP, The Independent, Zurich

Rendall and Rittner … no insurance commissions, but it owns an offshore ‘captive’ insurance company making a 40% profit on leaseholders’ premiums

Category: Insurance, Latest News, NewsTag: Artex Insurance (RR4) IC Limited, AXA, Duncan Rendall, FCA, Justin Madders MP, Matt Rittner, Rendall and Rittner, Sir Ed Davey, Sir Peter Bottomley

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