ARIES INSIGHT:

  GUIDANCE ON THE MEANING AND IMPACT
  OF PENSIONS LEGISLATION CHANGES
 

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  HMRC MANAGE AND REGISTER PENSION SCHEMES SERVICE WORKSHOP
On Wednesday 25 July, Aries attended a workshop put on by HM Revenue & Customs at the offices of the Association of British Insurers, One America Square, London.

The subject was Manage and Register Pension Schemes (MRPS), HMRC's replacement for the Pension Schemes Online (PSO) administration service. Within HMRC, the new service is known as Pensions Online Digital Service or "PODS". Apparently, internal guidelines

stipulate that external names for systems must include at least one active verb. They went one better, but the acronym isn't quite as good.

The topics covered in the workshop included:

  • A reminder of MRPS service's current functionality
  • The next steps during phase one
  • An explanation of the data migration and associated data cleanse

projects
  • A debate around HMRC's proposed scheme administrator delegation model
  • A look forward to phase two of the roll-out
  • A summary of the interim process for completing AFT Returns prior to roll-out on MRPS
  • A debate around other proposals for the service in phase two
  • The next steps during phase two
  • . . .

    09 Aug 2018   Check other news items

    Aries monitors every development in new and proposed legislation

    Guidance on the meaning and impact of Pensions Legislation changes

    25 Years experience working with over 100 top Pension Providers and UK Authorities

    Clear and straight advice on putting Pensions Legislation changes into practice

    Aries Insight gives the Big Picture and the Little Details

    Ensure compliance with all Regulatory Requirements for Pensions

     
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