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 […]
Advisers will not be eligible to become shareholders in AJ Bell when it floats unless they are a customer of a business, the platform has said. The business is preparing to list on the main market of the London Stock Exchange either in December or early 2019. As part of the listing, AJ Bell is […]
Paraplanning firm Heather Dunne Consulting has gone into liquidation after its principal restricted its pension transfer permissions. Adviser Heather Dunne founded the firm in 2002 to support advisers doing pension transfers and the firm’s biggest client was HDIFA. HDIFA is also run by Dunne but was placed on voluntary suspension in July 2017 when it was […]
HMRC is tightening the screw on tax avoidance involving profit fragmentation Tax avoidance continues to drive Treasury and HM Revenue & Customs activity. Over the summer, the Revenue published responses to its consultation on proposals to tackle schemes designed to move UK business profits outside the charge of UK tax, often using offshore trusts and […]