The Chartered Institute of Payroll Professionals
News On Line
A very welcome change is that HMRC now lists the updates, as follows.
Schemes added
Australia
Andy and Julie’s Super Retirement Fund Cowe Superannuation Fund G and D Dawson SMSF Super Fund Orritt Super Fund Stainer SMSF
Canada
IA Clarington Investment Inc Retirement Income Fund (QROPS) IAG Saving and Retirement Plan RRIF-QROPS
Isle of Man
Glen Clairn and Beyond Personal Pension Scheme
Netherlands
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An updated list of ROPS notifications is published on the first and 15th day of each month. If this date falls on a weekend or UK public holiday the list will be published on the next working day. Sometimes the list is updated at short notice to temporarily remove schemes while reviews are carried out, for example, where fraudulent activity is suspected.
The requirements to be a ROPS changed from 6 April 2017 - find out about the changes for ROPS requirements.
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TPR issues AE guidance for new employers 9 August 2021
The Pensions Regulator (TPR) has issued a range of guidance, designed to help those who would like to start their own business.
Regardless of whether these are individuals who are setting up and running a business for the first time, or who already have other businesses, they will need to ensure that they are compliant with their Automatic Enrolment (AE) duties. These duties include assessing staff to establish whether they’re eligible for a workplace p ension, placing them into a suitable pension scheme, and communicating this to them in writing.
Guidance is available for new employers and also for their business advisors.
TPR wants to communicate with as many new employers as possible, to remind them of their AE obligations and duties.
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The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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