Peninsula Business Services and their trading practices

mercredi 8 octobre 2014

Does anybody know about Peninsula Business Services and how they trade.



PBS are regulated by the Financial Conduct Authority and hold themselves out as a Financial Services provider of non-investment related insurance products. They provide Employment and Health and Safety services, advice, support and legal representation in the event that you end up in an Employment Tribunal as an employer.



They are not regulated to provide legal services. This has been checked with the SRA and other regulators. In fact they only had one solicitor registered in 2009 and nothing since.



Their Legal representation comes in the form of an Internally (not outsourced as typical bhusiness insurance products offering legal indemnity) based 'Advocate' and not a solicitor or barrister, thus creating the issue that that 'Advocate' does not have the right of audience with a Judge, County Court or otherwise.



Whilst I cannot pinpoint the actual legislation, I am aware that there was a change in legislation which may have allowed companies such as PBS to trade in some capacity as a Alternative Company.



It seems that PBS has no liability in the event of any failings in their 'Advocate' representation and are unable to be held accountable for said failings.



Any assistance which will help me understand how this company are allowed to trade in such a capacity would be very helpful indeed. I do know that there are others with similar issues with this company.





Peninsula Business Services and their trading practices

0 commentaires:

Enregistrer un commentaire