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Regulation

Regulation

Budget 2014: No IPT in space

The insuring of items in orbit will be exempt from tax.

clock 19 March 2014 •

Regulation

Budget 2014: Welfare spending cap at £119.5bn

UK spending on welfare is to be capped at £119.5bn for 2015-2016, Chancellor George Osborne has announced.

clock 19 March 2014 •

Insurer

British Money: 'expect a second PPI scandal'

The mortgage industry should expect compensation claims from customers who were not offered financial support mechanisms when taking out their loans, claims management firms have said.

clock 19 March 2014 •

Regulation

FCA clarifies inducements law for advisers attending awards ceremonies

Providers purchasing tables at awards ceremonies and inviting advisers to sit on them will likely not be in breach of the Financial Conduct Authority's (FCA's) requirements on inducements, it has confirmed.

clock 19 March 2014 •

Regulation

Macmillan Cancer Support endorses Gov Committee PIP criticism

Macmillan Cancer Support has highlighted continuing problems with the Personal Independence Payment, as highlighted by the Government's own Work and Pensions Committee (WPC), labelling claims backlogs as "appalling".

clock 18 March 2014 •

Regulation

ABI boosts spending on fraud

Extra detectives to be recruited to tackle insurance fraud in England and Wales.

clock 17 March 2014 •

Regulation

Government raises minimum wage to £6.50 per hour

The government has approved a recommendation by the Low Pay Commission (LPC) to increase the national minimum wage (NMW) to £6.50 per hour in October this year.

clock 12 March 2014 •

Employee Benefits

Small firms' AE staging date knowledge fails to improve over 2013

The number of small employers that know their auto-enrolment (AE) staging date is "largely unchanged" since last spring, research from The Pensions Regulator (TPR) reveals.

clock 12 March 2014 •

Regulation

Payday lenders face FCA probe over debt collection methods

The Financial Conduct Authority is to carry out an in-depth review of the way payday lenders treat struggling customers when it takes over regulation of the sector on 1 April.

clock 12 March 2014 •

Regulation

Advice trespass fears stunting D2C platform market - report

Ensuring direct-to-consumer (D2C) platforms do not stray into advice has become an "obsession" that is ultimately stunting innovation, a report has concluded.

clock 11 March 2014 •
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