Employers could face fines for failure to comply with NMW

Employers could face fines of up to £30,000 if they fail to comply with the National Minimum Wage (N...

Employers could face fines of up to £30,000 if they fail to comply with the National Minimum Wage (NMW) increase. Allianz Legal Protection has urged brokers to remind their clients of this imminent change in the law. The NMW will rise by nearly 4% in October to £5.73 per hour for adults aged 22 and over; £4.77 for 18 to 21 year olds; and £3.53 for youths aged 16 to 17. David Vine, business development manager at Allianz Legal Protection, said: "Brokers can advise their customers that more than

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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