Budget 2025 – Collective money purchase schemes

As part of budget 2025 announcements have been progressed in relation to collective money purchase schemes. What a CMP The Pension Schemes Act 2021 introduced CMP schemes (also known as collective defined contribution (CDC) schemes) as a new type of trust based occupational pension scheme. Currently CMPschemes are only available to single or connected employers. However, the Department … Continue reading Budget 2025 – Collective money purchase schemes →

Winter workers – employer pension duties

The Pensions Regulator (TPR) is reminding employers that if they employ short-term staff over the winter period who are not on regular hours or incomes and are being paid through a payroll system, they must ensure they are complying with their legal automatic enrolment (AE) pension duties. Seasonal or temporary staff must be assessed individually every … Continue reading Winter workers – employer pension duties →

Employing seasonal or temporary staff – don’t forget pensions

The Pension Regulator (TPR) is reminding employers who recruit summer or other types seasonal workers of their legal duties for workplace pensions. If you employ seasonal or temporary staff you must assess them individually every time you pay them. This includes staff who work for you for a few days, a few weeks or several … Continue reading Employing seasonal or temporary staff – don’t forget pensions →

New Pension Minister – Emma Reynolds MP

Emma Reynolds has been appointed as Parliamentary Secretary at HM Treasury and the Department of Work and Pensions on 9th July 2024. In that position she acts as the Pensions Minister, the difference being the role is now represented across both the DWP and HM Treasury. She was elected as the MP for Wycombe in … Continue reading New Pension Minister – Emma Reynolds MP →

Mary Starks to lead review of The Pensions Regulator

The review will examine how TPR is performing its role and where it can improve, providing greater efficiency and value to taxpayers. The Department for Work and Pensions has appointment Mary Starks to lead a review of The Pensions Regulator (TPR). This is in line with the expectation that public bodies are reviewed each Parliament. … Continue reading Mary Starks to lead review of The Pensions Regulator →

The Pension Regulator publishes new compliance and enforcement bulletin

TPR is warning employers to ensure they are complying with their ongoing automatic enrolment duties after inspections carried out earlier this year found a number of errors. The alert to employers comes as TPR publish its latest compliance and enforcement bulletin, showing how many times TPR has used its automatic enrolment and frontline regulation powers … Continue reading The Pension Regulator publishes new compliance and enforcement bulletin →

New figures show The Pension Regulator (TPR) continues to ensure employers are meeting their pension duties

employers warned not to neglect their automatic enrolment responsibilities as use of TPR powers returns to pre-pandemic levels New figures released today show how the overall use of The Pensions Regulator’s automatic enrolment enforcement (AE) powers is back to pre-pandemic levels following necessary measures introduced last spring to support employers through the early months of … Continue reading New figures show The Pension Regulator (TPR) continues to ensure employers are meeting their pension duties →