There has been a lot of discussion about pension scheme governance recently. Effective from 6th April 2015 The Pensions Regulator (TPR) brought in new governance standards and charge controls for all workplace pension schemes. This meant that many occupational pension schemes offering money purchase benefits (nearly all these days) had to take action to ensure their schemes comply.
Transitioning away from Russian gas will be a major challenge in 2023 as countries struggle to find and process enough imported liquefied natural gas to meet the shortfall.
Employers need to complete their legal duties in good time, and we recognise that most will want to do the right thing for their staff. If your clients are having difficulty complying with their duties, they should tell us as soon as possible so we can support them. We’ll provide advice and guidance to get them compliant.
A new employer has duties effective from the contract start date of their first worker - their ‘duties start date’. They must automatically enrol any eligible staff, including any staff serving their probation period, and immediately start deducting contributions from their pay.
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