The SRA has unveiled a set of radical reforms including scrapping the single renewal rate for professional indemnity insurance, removing financial services work as a compulsory insurance element, and reducing the time firms are allowed in the assigned risks pool – all of which are due to come into effect from October next year.
Publishing details of complaints handled by the Legal Ombudsman is attracting growing support, with 82 per cent of respondents to an instant poll carried out following an evidence session in the House of Lords voting in favour.