Encompass is delighted that their Industry Advisor Ian Schofield is featured in the Financial IT:
“In a bid to end the uncertainty of unlimited hours charged to cases and make costs more transparent, the Government is introducing regulations requiring insolvency practitioners to provide upfront estimates of the cost of working on cases. The new rules are set to come online at the beginning of October 2015. It is a move designed to end the uncertainty of unlimited hourly rates; make costs more transparent and also counter negative perceptions about a lack of openness in fee charging.”
Read the full article here.