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Open consultation: NHS pension scheme: proposed changes to scheme regulations 2019

first_imgThe government received almost 1,500 responses to the consultation.The outcome document summarises the consultation findings and the government’s response.,The Department of Health and Social Care is consulting on proposals to change NHS pension scheme regulations.Proposed changes include: introducing a new contribution rate of 20.6% for employers from 1 April 2019 renewing current member contribution rates so that the same rates continue to apply beyond 31 March 2019 providing civil partners and same sex spouses with the same survivor pension rights as widows extending the current forfeiture of pension benefits rules We are also proposing some additional changes that were set out in a previous consultation in November 2017.The consultation document outlines all the proposed changes and gives details on how to submit a response.last_img read more

UKGC gets tough on Advertising standards fining BGO £300,000 for misleading affiliate promotions

first_img Share StumbleUpon Winning Post: Swedish regulator pushes back on ‘Storebror’ approach to deposit limits August 24, 2020 Related Articles UKGC launches fourth National Lottery licence competition August 28, 2020 Submit Share UKGC hails ‘delivered efficiencies’ of its revamped licence maintenance service  August 20, 2020 Updating the market, the UK Gambling Commission (UKGC) has warned industry stakeholders that its body will not tolerate advertising falling ‘foul of social responsibility rules or deceiving consumers’.Stating its intent to improve industry advertising and promotional standards, the UKGC has imposed a £300,000 penalty on igaming operator BGO Entertainment Ltd (BGO) for misleading advertising on its own portal and three affiliate partner website.The Commission informs that since May 2015, the Licence Conditions and Codes of Practice (LCCP) has required all licensed gambling operators to include in their advertisements any significant limitations relating to promotions, to avoid misleading consumers.With regards to BGO’s penalty, the UKGC had reviewed the operators advertising campaigns since July 2015, with its investigation established that:BGO and its affiliates published misleading advertisements for promotionsBGO did not take timely and effective action to address the misleading advertisementsBGO provided inaccurate assurances that the issues had been fully addressedUKGC Programme Director Paul Hope commented on the update: “We want to make sure that gambling is conducted fairly and openly.“So, we have made it clear to the industry that misleading advertising is a serious issue. We have powers to tackle it, including the power to impose financial penalties such as this.”Closing its industry update, the Commission has worked closely with the Advertising Standards Authority to raise standards in this area, warning all industry stakeholders to read the decision notice which sets out the findings and emphasises the importance of advertising rules, guidelines, codes and standards.last_img read more

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