This week sees the implementation of changes to insurance disclosures which, coupled with an upcoming increase in insurance premium tax, mean that the time is right to review your employee benefit insurance policies. The Insurance Act 2015 comes into force on 12 August 2016 and applies to new policies as well as variations to existing … Continue Reading
The UK Pensions Regulator (TPR) has issued its first fine to the trustees of a pension plan who failed to comply with the new legal requirement to prepare an annual governance statement, signed by the chair of trustees. The trustees received the minimum mandatory fine of £500 in this case. Since last year, a new … Continue Reading
