The Chartered Institute of Payroll Professionals
Policy Bi-Monthly Newsletter – September 2016
Would you like The Pensions Regulator to speak at an event? 25 August 2016
If you would like The Pensions Regulator to come to your event, free of charge, and speak about your chosen elements of automatic enrolment, you just need to complete an online speaker request form .
The industry liaison team at The Pensions Regulator regularly speak at events across the UK. The focus tends to be on the main employer duties for automatic enrolment (including the new regulations from April 2016), however TPR will cover a range of other subjects relating to the legislation such as:
Re-enrolment (cyclical and immediate)
Compliance & enforcement
Myths and misunderstandings quiz
Providing AE services as a non-regulated business adviser The employer journey, including completing the duties checker Choosing a pension scheme and factors to consider, including tax relief Sector specific events, for example, for care professionals.
If you would like TPR to come and speak at an event, please complete the online speaker request form .
Revised guidance on choosing a pension scheme 26 August 2016
The Pensions Regulator has revised their web content on choosing a pension scheme to make the information more accessible to small and micro employers for their automatic enrolment duties.
TPR research shows that a major concern for small and, especially, micro employers, is making the right choice of pension for their staff. So TPR has redesigned web pages in the online step by step guide to automatic enrolment, to help small and micro employers quickly navigate to the key information that they need.
The key elements of the revised design are as follows.
On the main Choose a Pension Scheme page:
Reducing the volume of content to allow better navigation – most supporting content is now on the ‘what to look for in a scheme’ child page Highlighting some key considerations – including tax relief, but signposting to content on the child page that supports this Clearly signposting those pension providers that have said they are open to all employers, including GPPs and Master Trusts. This list will continue to grow as more providers ask to be included/gain master trust assurance, and will be regularly randomised.
On the child page What to look for in a scheme
Content is presented in a more sequential manner – to give more guidance on key considerations Tax relief content is simplified – including a table to show which pension schemes offer which type of tax relief Revised content on costs and charges.
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