Pensions - Articles - Automatic enrolment: checklist for trustees published


 The Pensions Regulator has published a checklist that provides trustees with an overview of what they might need to do to ensure their scheme is ready to be used for automatic enrolment.

 From next year, the UK's largest employers will have to enrol all eligible jobholders into a pension scheme, with medium and small employers following in 2013 and beyond. Eventually, automatic enrolment will affect all UK employers.

 Whilst the new duties predominately apply to employers, trustees will have a role to play.

 The checklist for trustees follows the regulator's educational materials aimed at larger employers and their advisers, which includes detailed guidance, a five-page summary of the new duties and an action checklist.

 The trustee checklist, and further information on workplace pensions reform is available on the regulator's website.

Back to Index


Similar News to this Story

The state pension remains a critical income source
Average annual retiree spending is £22,140 per year – nearly £10,000 below the recommended Pensions UK level for an adequate lifestyle in retirement.
What the Pensions Commission should consider and why
In July the government revived the Pensions Commission, to address the UK’s retirement crisis that risks tomorrow’s pensioners being poorer than today
Survey finds slowdown in discretionary pension increases
Aon has found that fewer UK defined benefit (DB) pension schemes are now granting inflation-driven discretionary increases. When compared with the two

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.