The rationale used to ultimately assess whether certain contribution notices can be issued needs further fine tuning, leading industry associations say.
The Pensions Regulator (TPR) has failed to assuage concerns over its enhanced criminal sanctions regime with the industry continuing to call for clarity.
Schemes need to dynamically and closely monitor the position of their employer covenant and its corporate longevity, ensuring the assessment is not conducted in isolation, the Employer Covenant Practitioners Association (ECPA) says.
The Employer Covenant Practitioners Association (ECPA) has promoted Andy Palmer to chairman from his vice chairman role, replacing Paul Burnett.
The Employer Covenant Working Group (ECWG) has rebranded as the Employer Covenant Practitioners Association (ECPA) to reflect its growing membership.