View more on these topics

Residential property sector to come under scrutiny

Consumers, industry bodies, government and other stakeholders will be able to contribute to an independent review to reform the residential property sector.

The Carsberg Review of Residential Property will be chaired by Sir Bryan Carsberg, former director general of the Office of Fair Trading, and will focus on the standards, regulation, and redress of the residential sector and the buying and selling process.

Particular attention will be given to Government intervention in the property market with a key focus on the frameworks surrounding Home Information Packs and Energy Performance Certificates.

Carsberg says recent government initiatives raise interesting questions about attitudes to the residential property market.

He says: “The frameworks surrounding Home Information Packs and Energy Performance Certificates have introduced significant new regulatory and redress structures into relatively low risk aspects of the property transaction while leaving consumers in other parts of the sector, that may carry higher risks, apparently exposed.

“This contrasts with the government’s approach to regulation elsewhere, particularly in the financial sector, where a more holistic approach to the control of risk has been adopted.”

Recommended

PBR: Fidelity says CGT changes are a “shot in the arm” for long-term savings

Fidelity says the Chancellor’s decision to set capital gains tax at a flat rate of 18 per cent means investors in equity funds are big winners and says this move could boost long-term savings.Chancellor Darling set out the changes in his pre-Budget report yesterday and Fidelity says investors in equity funds held outside of a […]

Thinc aims to expand multi-manager links

Thinc Destini is looking to expand its multi-manager links as it continues to move its advisers towards this model.The group already has an active managed link with F&C and is aiming to offer a passive portfolio as well as active and passive multi-asset offerings. The agreements are set to be announced in 2008.Thinc is in […]

Why prevention is better than cure

Quoting the famous adage, prevention is better than cure; there are many proactive benefits that can improve wellness in the workplace, decrease stress, increase staff morale and reduce absenteeism, as well as attracting and retaining employees of a higher standard. With a recent study showing that employees in Britain are working below peak productivity, preventative benefits can ensure you address potential health issues or causes of stress at their source and ensure productivity in the workplace remains at an optimum level. With this in mind, how are you using preventative benefits to help keep your workforce happy and healthy?

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment