CIPP Payroll: need to know 2019-20

Former charity head pleads guilty to count of defrauding disability charity pension scheme ............................565 Research reveals that over half of young workers do not know if they have a pension or not ..........................565 Pensions Ombudsman to revisit pension case on High Court’s instruction ......................................................566 SKL Recruitment charged for false claims relating to auto-enrolment ..............................................................566 Recognised overseas pension schemes notification list ...................................................................................567 Men over 50 more likely to have a private pension than women within the same age range ...........................568 Children’s nursery fined £8,200 for non-compliance with automatic-enrolment legislation ...............................568 Pension Schemes Newsletter 115 – November 2019 ......................................................................................569 Ombudsman confirms DWP “not open and accountable” about GMP..............................................................569 Individuals failing to report correct pension information on tax returns could receive large tax bills .................570 The Pensions Regulator’s director of Auto-Enrolment due to step down in 2020 .............................................571 Pensions net pay anomaly: an introduction ......................................................................................................571 Recognised overseas pension schemes notification list ...................................................................................572 Temporary pension arrangement for NHS staff ................................................................................................573 The Pensions Regulator only recovers 30% of penalties .................................................................................574 New trend sees grandparents accessing pension funds to help children and grandchildren buy homes .........574 Recognised Overseas Pensions Schemes notification list ...............................................................................575 Recruitment agency must pay £10,890 for false claims surrounding auto-enrolment.......................................576 Campaigners urge government to act quickly on pensions injustice pledge.....................................................577 An increase to the Pensions Protection Funds levy for large employers expected in 2021 ..............................578 Guy Opperman to remain as minister for pensions and financial inclusion.......................................................578 Recognised overseas pension schemes notification list ...................................................................................579 £37 billion in pension funds currently unclaimed ..............................................................................................580 Pensions Bill revisited by parliament ................................................................................................................580 Latest Countdown Bulletin published................................................................................................................581 New pension tax rules could be implemented by the start of the new tax year ................................................581 Recognised overseas pension schemes notification list ...................................................................................582 Managing Pension Schemes service newsletter – January 2020.....................................................................583 The Money and Pensions Service launches its UK Strategy for Financial Wellbeing .......................................583 The state pension age a bone of contention for Irish political parties ...............................................................585 The Department for Work & Pensions releases guidance relating to the State Pension for individuals living in the EEA or Switzerland post-Brexit.........................................................................................................................586 TPR orders the FCA to pay £2,000 for pension scheme failures......................................................................586 Pension schemes newsletter 116 .....................................................................................................................587 Caroline Siarkiewicz appointed as permanent chief executive of The Money and Pensions Service (MaPS)..588 The House of Lords critical of lack of detail within the Pension Schemes Bill...................................................588 £2.23 billion in pension withdrawals made in last quarter of 2019 ....................................................................589 Scottish health secretary urges Chancellor to fix the pensions tapered annual allowance issue......................590 Financial Conduct Authority gives concessions to new pension rules ..............................................................590 Phase Two of development for Managing Pensions Schemes service ............................................................591 Recognised overseas pension schemes notification list ...................................................................................591 Guy Opperman reappointed as Pensions Minister ...........................................................................................593 Recognised overseas pension schemes notification list ...................................................................................593 Third accountant to be prosecuted by the Pensions Regulator for lying ...........................................................594 Recognised overseas pension schemes notification list ...................................................................................594 Pension schemes newsletter 117 .....................................................................................................................595 Record high numbers of workplace pension members in 2019 ........................................................................596 Company director ordered to pay £12,800 by The Pensions Regulator for failure to provide information ........596 Pensions overhaul expected at budget.............................................................................................................597 HMRC issues further gudiance on the pension changes announced at Budget ...............................................597 The Pension Regulator allows defined benefit schemes to delay transfers by up to three months ..................598 Pensions Dashboard...........................................................................................................................................600 Pensions dashboard back on track...................................................................................................................600 20 major providers discuss taking the Pensions Dashboard forward ...............................................................600 Green light for Pensions Dashboards in 2019 ..................................................................................................601 Money and Pensions Service appoints principle to drive Pensions Dashboard forward...................................602 Get involved with the Pensions Dashboards Working Groups..........................................................................602 Pensions dashboard steering group announced ..............................................................................................603 New research reveals widespread acceptance of government-backed pensions dashboards .........................603 Pensions Dashboards unlikely to be delivered this year...................................................................................604 Tax Agents and Advisers ............................................................................... 605 HMRC publish Agent Update 70.......................................................................................................................605 The role of agents in supporting small and mid-sized businesses....................................................................605

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Payroll: need to know

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