Verbal or Written..contract

[webb1b2]

Hi looking for some advice,I work in the insurance sector for an independent broker. I have been working for this company for 5yrs. The company went into administration last year. The director. Then set up a new company last November and has his partner fronting the new company. Too date I have not received a verbal or written contract, I'm under the impression that as I'm working for a new company with a new director I do need this, is the company breaching any FSA or FCA rule?

[des8]

Re: Verbal or Written..contract

Hi and welcome.
Was this a "phoenixing" arrangement, whereby the assets of the old company were sold to the new owners?
If so TUPE employment rights and regulations apply and your original contract continues in force (or so I understand).
Expect others more knowledgeable to be along.

[Tools]

Re: Verbal or Written..contract

You should, as Des says, be covered under TUPE. Although you have not express terms (written) there is the understanding of implied terms (working under the assumption nothing has changed). I would however ask for a written contract, that way there is no ambiguity or confusion.