Basic Search  |  Summaries  |  Advanced SearchPenalty: £0
Year: 2021
Date: 18 March, 2021
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: Regulatory Notice served. The regulator has concluded that: Pivotal Housing Association (Pivotal) is non-compliant with the Governance and Financial Viability Standard. It has failed to ensure that its governance arrangements have been effective and that it has been able to manage its resources effectively to ensure viability is maintained. Pivotal has not been able to demonstrate that it has managed its affairs with an appropriate degree of skill, independence, diligence, effectiveness, prudence and foresight. It has failed to demonstrate that its business planning, risk management and internal controls framework have been effective in identifying and managing risk to the delivery of its objectives. Pivotal is not compliant with the Rent Standard. It is unable to provide adequate assurance that the accommodation it provides meets the government's definition of Temporary Social Housing (TSH) or Specialised Supported Housing (SSH) and therefore that it is exempt from the Rent Standard.
Agency: Regulator of Social Housing
Source of Data: (click here)