Banks are looking into setting up an “early warning system” to spot serious misconduct by staff. According to The Telegraph, an independent review into behaviour at banks is exploring an industry-wide data system that could identify systemic misconduct before it causes too much damage. Former Institute of Directors director general Simon Walker is leading the […]
While the Government ponders inheritance tax (IHT) simplification, consider this: it’s been almost ten years since the nil rate band (NRB) was changed, staying at £325,000 since 2009. Some would argue that if it’s not broken don’t try and fix it, which ignores the fact that we are in a very different world than 10 […]
The FCA will collect data from around 3,000 advisers in the next round of its ongoing work on advice suitability relating to pension transfers. The data collection exercise is targeting advisers that conduct pension transfers and the results will be published next year. Speaking at a press conference following the FCA’s annual public meeting today, […]
Network In Partnership must pay compensation to a client over a Sipp transfer to a carbon credit investment it did not do appropriate diligence for. In the Financial Ombudsman Service ruling Mr T complains about the transfer of two pension plans to a new Sipp provider that resulted in most of his money being invested […]
EEF stated in its 2015 EEF Manifesto that the UK’s growth prospects depend on people being fit, working and productive. Keeping people in work and helping people return to work is very important for the manufacturing sector. It means boosting productivity by getting people back into work as early as is possible, as well as fostering workplace cultures and environments that proactively manage individuals’ health conditions so that all can benefit from lower sickness absence outcomes.
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