The Solicitors Regulation Authority (SRA) has threatened regulatory action against any law firms that take on payment protection insurance (PPI) claims that people could have conducted themselves. The warning comes this week as an SRA review on PPI reveals that 80% of firms doing PPI claims work routinely charge fees of more than 25% of the redress they receive, with some charging up to 50%. The SRA considers charging more than 15% unreasonable. Paul Philip, SRA chief executive, said firms unable to demonstrate that they are acting in the best interest of their clients could be subject to regulatory action.
11 April 2018
PPI scandal looms large
MOVERS & SHAKERS
Gardner Leader—Charlotte Botham & Belinda Sinnott
Law firm strengthens real estate team with two new partners
DR Solicitors—Sarah Cook
DR Solicitors strengthens primary care expertise with appointment of legal director
Womble Bond Dickinson—David Varney
Womble Bond Dickinson appoints David Varney to strengthen digital practice
NEWS
The law offers cohabiting couples surprisingly greater protection after one partner dies than when they separate during life
Four recent Employment Appeal Tribunal decisions have clarified important employment law principles on dismissal, bonuses, trade union activity and tribunal procedure
The Court of Appeal's decision in Mazur v Charles Russell Speechlys LLP has lifted months of uncertainty for Chartered Legal Executives while prompting a rethink of regulation and supervision
The assisted dying debate returns to Westminster as Lauren Edwards MP reintroduces legislation that stalled in the House of Lords last session despite clearing the Commons
A little-noticed provision of the Crime and Policing Act 2026 has fundamentally expanded corporate criminal liability
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