Jelf Employee Benefits assesses the areas that employers should be aware of when considering operating in Sierra Leone, including healthcare access, delivery and insurance provisions. This report draws on various sources to highlight specific considerations for this emerging jewel in West Africa.
Around 400 employers representing 200,000 members using Now: Pensions will be locked out of the auto-enrolment scheme’s systems for at least a month this Christmas while it switches administration providers. Earlier this year, the provider announced it would be replacing Equiniti Paymaster with JLT Employee Benefits for admin services. During the ‘blackout period’ between 19 […]
Claims management firm EMCAS has been fined £70,000 by the Information Commissioner’s Office after hundreds of consumers complained about unsolicited marketing calls. The ICO says there were “serious” breaches of the privacy and electronic communications regulations, including repeated invasions of privacy and distress for consumers. EMCAS failed to ensure that third party introducers calling on […]
The Income Protection Task Force’s Seven Families campaign has launched today. Aimed at increasing awareness of the financial impact of long-term ill health or disability, the campaign is backed by some of the UK’s largest insurers and reinsurers. It will provide financial support for one year to families where the breadwinner is currently unable to […]
A former trader at Moore Capital Management has today pleaded guilty to insider dealing in a case brought by the FCA. Former senior execution trader Julian Rifat pleaded guilty to an indictment reflecting eight instances of insider dealing, which generated profits worth £250,000. Rifat is the third individual to plead guilty to insider dealing offences […]
A few weeks ago, I was bold/stupid enough to suggest that as an industry we can be too eager to dive into the technical nitty gritty and gloss over some of the simple but important bits – understanding the stuff people like and want, then delivering said stuff in a way that floats their boat. […]
Why is a change required when the industry has shown it can do the job? Rightly, there seems to be universal demand for faster transfers between investment platforms when consumers want to switch. The FCA has made it clear it expects this to happen and if it doesn’t, platforms could be facing penalties. In its […]
More than 600 firms have signed up to the Personal Finance Society’s new standard aimed to improve defined benefit transfers since its launch last month. It consists of consumer guide for DB transfers that is meant to help consumers better understand what to expect from regulated financial advice. The guide defines an adviser code based […]