Advisers could be on the hook for millions of pounds in uninsured losses if they fail to act on the imminent A-day deadline, according to a specialist group risk intermediary.
Should any group life scheme suffer a death in service without amending its trustee rules to reflect the HMRC changes on 6 April it could result in advisers being held liable, John Kerr warned. Kerr,...
Group protection and health
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Scheme extended to 31 March 2021