IoD report highlights regulatory burdens

The Institute of Directors (IoD) has gathered together a second volume of anecdotal case studies from their members on everyday problems arising from excessive or badly applied regulation. In the report: "In Their Own Words: Volume 2" over 30 examples cite problems ranging from the burden of anti-money laundering regulations, to the cost of meeting the Welfare Reform and Pension Act 1999 which requires employers to offer a stakeholder pension scheme if they have more than five employees. Although the IoD admits the government has made progress on reducing the regulatory burden since it ...