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 […]
Close to 15,000 people have pushed back against alleged government plans to shelve the pensions dashboard by signing a petition. This week it was reported secretary of state for work and pensions Esther McVey’s was moving to scrap the project. The petition, hosted by 38degrees, has collected 14,377 of a target 15,000 signatures in just […]
Back in May, I wrote about the pressures building in advice firms due to a shortage of highly skilled staff and the consequent costs in recruiting. With Apfa research finding profits from retail investment advice fell 16 per cent between 2014 and 2016, I thought businesses faced a worrying future. But last month’s FCA Data […]
The Pensions Regulator has appointed an independent trustee for the 15 schemes linked to the now shuttered Fast Pensions. Fast Pensions and five connected companies were wound up at the High Court in May. According to an Insolvency Service statement, it is estimated around 520 people were persuaded to transfer a total of at least […]