15 Feb

February

Update to workplace pension reforms

 

Updated guidance for workplace pensions reform published

The Pensions Regulator has published an updated version of its detailed guidance on automatic enrolment and the new employer duties under pensions reform, for large employers and their advisers.

The detailed guidance, which forms part of the regulator's suite of educational materials for all UK employers, has been updated to reflect recent legislative changes including the Pensions Act 2011 receiving official approval via Royal Assent.

 

The guidance now includes new content relating to:

  •  Postponement - the circumstances in which employers can use the provision to postpone assessment and automatic enrolment of workers
  • The assessment of whether a person is 'ordinarily working' in the UK - including further examples for employers
  • Contractual enrolment - including clarification around the use of salary sacrifice and flexible benefits arrangements, as a result of feedback
  • Updated staging information
  • Full appendices referencing the changes that have been made to each guide.

Further information can be found at www.thepensionsregulator.gov.uk.