CIPP Payroll: need to know 2020-21

Automatic Enrolment ..........................................................................................................................................507 The Pensions Regulator appoints new auto-enrolment director .......................................................................507 Concerns around no-deal Brexit and its potential effect on the Pension Protection Fund ................................508 DWP Small Pots Working Group ......................................................................................................................508 Nest - improving the customer journey .............................................................................................................509 Millions missing out on £1.2 billion of annual pension contributions, due to being locked out of workplace pensions in the UK ...........................................................................................................................................510 Updates to The Pension Regulator’s Automatic Enrolment guidance for employers ........................................511 The Department for Work and Pension releases Automatic Enrolment report, confirming the earnings trigger and qualifying earnings band for 2021-22 ...............................................................................................................512 General Pensions News......................................................................................................................................512 Recognised overseas pension schemes notification list ...................................................................................512 Accounting for Tax Return added onto the Managing Pension Schemes Service............................................513 The Pensions Regulator (TPR) reminds us that pension duties continue even during a crisis .........................514 Recognised overseas pension schemes notification list ...................................................................................515 TPR guidance on calculating pension contributions where there is a salary sacrifice arrangement for the CJRS .........................................................................................................................................................................515 Waspi women call for state pension access .....................................................................................................516 COVID-19 transfer warnings will be issued by pension schemes to savers .....................................................517 Webinar – Easing the pension pressures during COVID-19.............................................................................518 The Pensions Regulator produces an Annual Funding Statement and guidance for trustees and employers .518 Recognised overseas pension schemes notification list ...................................................................................519 Form P55 for tax year 2020-21.........................................................................................................................520 The Pensions Regulator urges trustees to prioritise pension switches between Defined Contribution schemes520 Recognised overseas pension schemes notification list ...................................................................................521 HMRC Pension Scheme Services Newsletters 118 and 119............................................................................522 Countdown Bulletin 53......................................................................................................................................523 Recognised overseas pension schemes notification list ...................................................................................524 The FCA bans contingent charging ..................................................................................................................524 The Pensions Regulator updates guidance in relation to changes to the CJRS and how this will affect pension contributions .....................................................................................................................................................525 Call for evidence launched to review the pension charge cap ..........................................................................526 Recognised overseas pension schemes notification list ...................................................................................526 Coronavirus pauses the government’s review of the net pay anomaly .............................................................527 The Pensions Regulator : Stakeholder update .................................................................................................528 The Financial Conduct Authority (FCA) – Consultation on pensions, comparing the value of money of pension products and services for members..................................................................................................................528 Recognised overseas pension schemes notification list ...................................................................................529 The Net Pay Anomaly: Call for evidence on pensions tax relief administration ................................................530 Managing pension schemes newsletter – July 2020 ........................................................................................531 Pensions pilot scheme – we need you to get involved .....................................................................................532 The Pensions Regulator: Latest Stakeholder update .......................................................................................532 COVID-19 pandemic makes accessible savings equally important as pensions ..............................................533 LCP urges women to find out if state pension is being underpaid ....................................................................533 Pensions tax allowance deadline extended for NHS staff ................................................................................535 Recognised overseas pension schemes notification list ...................................................................................535 Supreme Court rules ill-health pension transfer is not liable for inheritance tax ...............................................536 £30 million in pension savings lost to scams in three years..............................................................................537 HMRC Pension Schemes Newsletter 123 ........................................................................................................537 Report highlights the fact that over 800,000 workers are missing out on pension contributions.......................538 Recognised overseas pension schemes notification list ...................................................................................538 How The Pensions Regulator has supported businesses through the coronavirus crisis .................................539 From 2028, the age at which pensions can be accessed will increase from 55 to 57.......................................540 TPR forces fraudster to repay nearly £300,000 defrauded from charity’s pension scheme..............................540 CIPP Survey - The Net Pay Anomaly: Call for evidence on pensions tax relief administration ........................541 Court of Appeal dismisses state pension age challenge ..................................................................................542 Recognised overseas pension schemes notification list ...................................................................................542 Reminder – CIPP Survey – The Net Pay Anomaly: Call for evidence on pensions tax relief administration ....543 The Pensions Regulator updates COVID-19 guidance ....................................................................................544 TISA launches proprosals to overhaul Auto-Enrolment as part of ‘Getting Retirement Right’ ..........................544 Final Reminder – CIPP Survey – The Net Pay Anomaly: Call for evidence on pensions tax relief administration .........................................................................................................................................................................545 State pension will still be subject to ‘triple lock’ increase for 2021-22...............................................................546

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Payroll: need to know

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