Category Archives: Business and Government

Options – Legislate or Not

November 23, 2011 – 5:31 pm

7.13 In which case the current uncertainties would remain as they are, and employees would remain in a weaker position to make optimal decisions about their pensions and about work-related insurance cover. Non-legislative options 7.14 Although FSA guidance can help interpret the boundary of financial services regulation it cannot define the law. Guidance cannot mitigate [...]

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Partial Regulatory Impact Assessment

November 23, 2011 – 5:23 pm

Title of the Proposal 7.1 The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) Order 2006 Purpose and Intended Effect 7.2 The objective of the changes is: 1. To facilitate the promotion by employers of improved pensions uptake by employees, and; 2. To facilitate improved communication between employers and employees about the types and [...]

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Employee Share Schemes and Plans

November 23, 2011 – 5:17 pm

6.1 A number of respondents to the FSMA Two-Year Review consultation proposals suggested that any new exemption relating to the promotion of employer pensions in the workplace should also cover share saver scheme and share incentive plans. 6.2 Article 60 of the Financial Promotion Order already provides an exemption for promotions relating to employee share [...]

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