Terms and Conditions: is it time for a refresh?

Dan Dowen, Commercial Contracts Senior Associate, sets out below, the importance of terms and conditions and why they should be reviewed and refreshed on regular basis.

Over recent years, we have seen several key developments that have impacted the way businesses operate, which in turn, affects how they may provide their goods and services. Such developments have included but are not limited to, the introduction of the General Data Protection Regulations (GDPR), the UK’s exit from the European Union and, of course, the effects of the Covid-19 pandemic.

Pension Pact

An interesting overview of pension wealth within relationships by Benjamin Delve of Berry Smith Lawyers

For many couples their principal method of investing for retirement will lie in residential property and/or pension funds. Research published by The University of Manchester in September indicates that 90% of couples have ‘some’ pension wealth between them, with one half having combined pension wealth in excess of £140,000, and one quarter in excess of £435,000.

Sexual Harassment in the Workplace

In July 2021, the government published its response to a consultation launched by the Government Equalities Office in July 2019 on how best to tackle sexual harassment in the workplace. In its response the government highlighted that as people start to return to offices and other workplaces now is the time to ensure that we are “building back better” in every corner of our lives and as part of this it is crucial that we work towards making everyone feel safe in the workplace.

A survey undertaken by the government revealed that:

Winding up Petitions – can we or can’t we?

From 1 October 2021, the majority of creditors will be able to present a winding up petition against their debtors, albeit subject to a number of additional temporary conditions.  Indeed, in order to issue a winding up petition prior to 31 March 2022: -

  • The debtor must owe at least £10,000;
  • prior to presenting a winding up petition, the creditor must have made a formal request for payment from the debtor, including a request for payment proposals;