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ScotEq newsletter covers benefit market

Scottish Equitable is launching a regular newsletter to help IFAs stay informed about changes in the exp-anding employee benefits market.

The Employee Benefits Matters publication is aimed at keeping IFAs up to date with industry developments that may have an impact on their corporate clients as well as looking at technical points affecting group risk contracts.

The first edition has an update on the regulations governing part-time workers and the requirements of employers in this area.

It also features an in-depth look at the Data Protection Act, including a checklist of action points outlining the steps employers should be taking to ensure they are compliant.

ScotEq says this is relevant to many employers, particularly in terms of the information held on file about employees past and present.

The newsletter features a summary of the taxation changes governing group life cover within group pension schemes and contrasts the benefits of group income protection and waiver in light of the changes.

Employee benefits development manager Sue Sneddon says: “We have found IFAs are very enthusiastic about employee benefits and are keen to keep in touch with developments in this market.

“Employee benefits is a fast-growing market and we aim to keep IFAs fully informed so they can add value to the service they provide to their corporate clients.”

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