GUIDANCE ON THE MEANING AND IMPACT
OF PENSIONS LEGISLATION CHANGES
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Q. Explain exactly what is meant by "a proportionate and risk-based approach towards enforcement decisions...with
A. The commitment throughout has been to protect pension savers, and to be clear and quick in issuing guidance to trustees. Focus was also on automatic enrolment (AE) and employer duties. Scheme providers have received various easements including an extended period for reporting contribution failures.
Q. Is there much falling away of automatic
A. Not much evidence at the time of this discussion (19 May 2020). With the DWP, TPR are carrying out a survey of providers to keep track of opt-outs and contributions.
Q. How frequently has TPR been approached by struggling employers?
A. TPR has received very few approaches . . .
29 May 2020 Check other news items
Aries monitors every development in new and proposed legislation
Guidance on the meaning and impact of Pensions Legislation changes
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Clear and straight advice on putting Pensions Legislation changes into practice
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