Insolvency rules must be obeyed
With news that two more company directors have been struck off and banned for six and 12 years respectively from acting as directors, individuals should be aware of their responsibilities in the case of insolvency.
People who live together or are married are better off financially than those who are single, according to new research.
The recent announcement that the housing market is once again on the rise in England and Wales may be good news for the economy and for most homeowners, but may be less welcome for people using IVAs.
New guidance has been issued to all UK bank and building societies to help make life easier for people managing an account for someone who is unable to look after their own financial affairs.
New research has found that a third of over-50s in the UK have failed to update their wills to take account of major changes in their family or financial circumstances.
The government has strengthened the whistleblowing rules to protect workers who publicly disclose bad behaviour from harassment from bosses or co-workers.
Given that the UK has one of the least generous state pensions, coupled with an ever increasing retirement age, many people need to rely on a private pension provision to maintain the standard of living they enjoyed during their working years.
A recent decision by the Employment Appeal Tribunal (EAT) which, contrary to previous guidance, might enable individuals to make claims for victimisation against former employers is set to cause confusion for businesses.
Pre-pack review announced
The Government recently announced that there will be an independent review of the controversial insolvency vehicle called pre-pack administration.
The strict liability regime that considers companies automatically responsible for some workplace injuries is to be removed.