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Introduction On 17 April 2020, TPR published DC pension contributions: COVID-19 technical guidance for large employers (“the Guidance”). This was updated on 15 June to reflect changes to the Coronavirus Job Retention Scheme’s (“the...
HMRC’s guidance on its Coronavirus Job Retention Scheme (“the CJRS”) has been updated at various stages to reflect changes to the scheme’s conditions, duration and levels of grant (see “The CJRS – in brief” below)....
Introduction TPR’s annual funding statement (published on 30 April 2020) acknowledges that these are very challenging times for many businesses (see our Alert). Employers will be relieved to see an emphasis on trustees and employers...
The current global coronavirus pandemic is forcing trustees and their advisers to work remotely on a scale never seen before. All parties have had to rapidly adapt their processes in order to ensure the continuation of business as usual....
The impact of COVID-19 is widespread and significant, presenting challenges for trustees and employers in relation to members’ benefits. There is clearly the potential for a spike in member complaints as a result of the current...
Until recently, the focus of master trusts has been on obtaining authorisation from the Pensions Regulator (TPR). Master trusts that have been authorised will not, however, be able to rest on their laurels for long. Obtaining authorisation...
With the introduction of the pensions dashboards on the horizon and TPR’s crackdown on poor record-keeping, schemes should act now to get their data in order. DC hot topic: Is your data ready for the...
