The Month That Was – June 2021 –Manchester Building Society v Grant Thornton and compulsory professional indemnity insurance for tax advisers

Welcome to Money Covered, a monthly podcast from RPC aimed at those dealing with complaints, claims and risk management in the financial services sector.

In episode 4, Ash Daniells is joined by Rebekah Bayliss and newly promoted Senior Associate Carina McFadden to discuss the key news and developments in the industry for the month of June. Episode 4 considers the wide-reaching impact of the Supreme Court decision of Manchester Building Society v Grant Thornton, before considering the impact on plans for compulsory professional indemnity insurance for tax advisers.  

Other topics covered include the FCA's plans to scrutinise firms applying for defined benefit transfer permissions;  the SRA launching a consultation to consider implementing a limit on fee charges relating to financial mis-selling scandals, and wider Financial Reporting Council updates, plus much more. 

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