Business

Running a business is challenging. Whether it be sales and marketing, finance, ensuring adequate cashflow or staffing, there are a myriad of topics that need to be addressed. Here we explain the various issues that business owners need to consider in relation to protecting themselves and their workforce.

The Financial Conduct Authority does not regulate Auto-Enrolment.

Auto-enrolment legislation has been designed to encourage a retirement savings culture in the UK. This legislation requires all employers to automatically enrol some or all members of their workforce (depending on age and salary level) into a pension scheme that meets certain minimum standards. Some workers will also have the right to ask their employer to enrol them.
In the interests of financial security, business stability, and continuity - particularly for private limited companies where there may only be a small number of principal shareholders - it is essential to provide a safety net following the loss of a shareholder
One of the great risks of a business partnership is that one of your colleagues may die, with his or her share of the business passing to someone else. The safety net is a pre-arranged scheme to ensure the surviving partners have enough funds to buy out the interest in the business, or compensate the deceased’s dependents.
Key person insurance, also formerly called key man insurance, is an important form of business insurance. There is no legal definition for 'key person insurance'. In general, it can be described as an insurance policy taken out by a business to compensate that business for financial losses that would arise from the death or extended incapacity of the member of the business specified on the policy.

UK News

Residents in communities on the river are being evacuated as water threatens to top flood defences.
The chief negotiator says the UK's "particular proximity" to the bloc rules out a similar agreement.
The best of Britain's musical talent and some top international stars are out to impress.
The UK government is trying to organise flying 74 British nationals home from the quarantined ship.
A celebrity charity challenge is relocated from freezing Mongolia to the Namibian desert.