Employers with existing schemes may face difficulties administering the qualifying earnings test, the Society of Pension Consultants warns.
The trade body said the test – which will aim to make sure that firms are offering a schemes at least as good as personal accounts – would cause substantial disruption to administrative processes f...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
