It is not just the main Carillion companies that may now find themselves in severe financial difficulties. Smaller subcontractors may find themselves having to consider their position with regard to the Pension Protection Fund (PPF) and the Pension Regulator.
Since covering the deficit that the Carillion schemes are facing — we take a quick trot through the pension ‘lifeboat’ scheme and what it might mean to the 28,000 members of the 13 Carillion schemes.
As the dust continues to be stirred up following the Carillion collapse, and with a £587m shortfall, now seems a good time to set out what we know so far in relation to the pensions aspects.
Last week Google’s Project Zero team published details of serious security flaws, Meltdown and Spectre, which affect almost every modern computer, and could allow hackers to steal sensitive personal data.
The Information Commissioner's Office (ICO) has published a number of guides on the GDPR designed to assist local authorities, education providers, small public health sector bodies, small organisations and charities.
A key element of the Digital Economy Act 2017 comes into force on 27 June 2017 with the aim of ensuring the ICO can better enforce sanctions against organisations that make unsolicited marketing communications.
Recent fines issued by the ICO have underlined the toughening stance regarding the sending of unsolicited emails to individuals for the purposes of direct marketing.