The law in 101 words

Company website disclosures

By the Companies (Trading Disclosures) Regulations 2008 (SI 2008/495) regs 6 and 9, made under the Companies Act 2006 Part 41, a company must disclose, not only on its business letters, order forms etc, but also on its website:

• its name;
• the part of the United Kingdom where registered;
• its registered number;
• address of its registered office;
• if exempt from using the word “limited”, the fact that it is a limited company;
• if a community interest company, the fact that it is a limited company; and
• if an investment company within the meaning of section 833 of the Act, that fact.

Discretionary trusts & pension schemes

Lump sums are usually payable in the death of a pension scheme member while still in service and sometimes afterwards. These can include a refund of the member’s contributions, the whole amount of his or her fund, a guaranteed amount of unpaid pension or, but only on death in service, a multiple