A Hertfordshire-based recruitment agency and its managing director have been ordered to pay £10,890 after misleading The Pensions Regulator (TPR) over its workplace pension arrangements.
SKL Professional Recruitment Agency and managing director Linus Kadzere were sentenced at Brighton Magistrates' Court yesterday (17 December) for wilfully failing to comply with their auto-enrolment (AE)...
The disruption caused by the Covid-19 pandemic has also had a major impact on defined contribution schemes. In this article, XPS Pensions Group recommends trustees take four urgent steps to protect schemes and members.
Furloughed workers will continue to receive pension contributions under the government’s coronavirus job retention scheme, HM Revenue & Customs (HMRC) has confirmed.
Defined contribution (DC) schemes are mostly content with the current asset classes available despite the industry’s push into proving members can benefit from diversified investments underpinned by strong ESG integration.
Almost all employers are now facing challenges when providing their staff with a workplace pension, according to Smarterly.
The government has said it will “do whatever it takes” to support businesses through the Covid-19 coronavirus crisis, leading to speculation that there could be a short-term change in auto-enrolment (AE) policy.