UK - The Pensions Regulator has started procurement for IT services providers for its personal accounts responsibilities.
From 2012, employers will be obliged to administer and contribute to an occupational pension scheme for their employees. Under government reforms, the regulator has been charged with delivering employer compliance and enforcement of the regime.
The contracts are expected to include marketing, identity and campaign services, contribution late payment services and penalty debt management services, with a scheduled start date anticipated for 20 January next year.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.