When Umbrellas go bust?

[Andy Hallett]

I don't suppose he's a member of IPSE?

In this scenario he is employed. I presume IPSE doesn’t cover this.

[malvolio]

In this scenario he is employed. I presume IPSE doesn’t cover this.

No, but they do have an option for a payment if your umbrella/agency/client goes bust...

[jamesbrown]

In this scenario he is employed. I presume IPSE doesn’t cover this.

Depends what you mean by cover it. They have agency/umbrella default cover:

If you have an outstanding invoice with an end client, agency, or umbrella company that is going bankrupt or into administration, it’s likely you won’t get paid. That’s why we provide IPSE members with up to £10,000 if an end client or agency goes into administration and up to £2,500 if your umbrella company goes bankrupt or into administration.

Protect yourself | IPSE

[northernladuk]

In this scenario he is employed. I presume IPSE doesn’t cover this.

Bleedin agents. Clueless I tell ye.