Jelf Employee Benefits focuses on Ebola Virus Disease (EVD) and what this means for businesses with operations in West Africa. This will be of particular interest to those with employees either travelling to, or living within, West Africa, the area affected by the most catastrophic outbreak of Ebola to date.
Back in 2012, Ross Anderson, then RDR implementation manager for Aviva, stood up at a conference and made some stark forecasts about the shape of the distribution market over the next three years. In a presentation designed to stir up debate, Anderson predicted restricted advice would account for 75 per cent of the market in […]
Labour has failed in a fresh push to ensure everyone buying an annuity must speak to an independent annuity broker. In an amendment to the Pension Schemes Bill, shadow pensions minister Gregg McClymont said no provider should be able to sell an annuity unless there is the express recommendation of an independent broker. Labour first […]
Employers using Now: Pensions for auto-enrolment could be slapped with fines if they use BACS transfers to make pension contributions. Yesterday, Money Marketing revealed how members and employers are due to suffer a Christmas ‘blackout’ as the scheme switches administration providers. As part of its migration to the new admin provider – JLT Employee Benefits […]
Royal Bank of Scotland is facing a record fine from the FCA for an IT failure in 2012 that left customers unable to pay bills or access cash from their accounts. Sky News reports the regulator has told RBS it must pay a fine worth tens of millions of pounds, which would be a record […]
The pace of change in the pension’s space has been little short of astonishing, and has left thousands of employers struggling to keep their pension policy compliant, and also on the right side of current best practice and governance. Many employers, and indeed many in the pensions industry itself, would like to see a period of no change during the next term of government. This would give all sides a chance to catch up and draw breath.
Law firm Edwin Coe has commenced litigation on behalf of 400 investors against HSBC over its role in facilitating the operation of the Disney film financing investment scheme known as Eclipse. Money Marketing first reported that affected investors including celebrities and football managers were eyeing up a landmark legal challenge 18 months ago. The legal […]
Earlier this month, World Cancer Day raised awareness of the disease that continues to affect so many of us. There are few people who will not know someone who has been affected by cancer in some way. Cancer affects people of all ages and health types; it does not discriminate and those affected can often […]
As part of its retirement outcomes review, the FCA has been looking at non-advised income drawdown policies; specifically, the fact too many people are leaving their savings in cash regardless of how long they intend to keep the money there for. The regulator wants customers to set out their plans for the five years ahead. […]