Auto-enrolment—what types of scheme may be used?
Produced in partnership with Wyn Derbyshire of gunnercooke LLP

The following Pensions practice note produced in partnership with Wyn Derbyshire of gunnercooke LLP provides comprehensive and up to date legal information covering:

  • Auto-enrolment—what types of scheme may be used?
  • Qualifying schemes
  • Automatic enrolment schemes
  • Overseas schemes established in the EEA before IP completion day
  • DB occupational pension schemes—quality requirements
  • Test scheme standard for DB schemes
  • Cash balance schemes
  • Average salary schemes
  • Alternative quality requirements for DB schemes
  • Cost of accruals test under regulation 32M
  • More...

Auto-enrolment—what types of scheme may be used?

CORONAVIRUS (COVID-19) UPDATE: On 9 April 2020 the Pensions Regulator (TPR) published ‘Automatic enrolment and pension contributions: COVID-19 guidance for employers’ which sets out how employers can meet their automatic enrolment duties as they navigate the effects of the coronavirus pandemic. The guidance states that automatic enrolment duties continue to apply as normal, including re-enrolment and re-declaration duties.

TPR has also issued guidance which sets out relevant considerations for employers when deciding whether to decrease employer contributions to no lower than the statutory minimum of 3% of qualifying earnings, including whether any changes need to be made to employment contracts with staff or the rules or governing documentation of the pension scheme and how this can be legally achieved.

In addition, TPR has confirmed that the period in which schemes must report payment failures has been extended from 90 days to 150 days to give trustees and providers more time to work with employers to bring payments up to date. TPR will review this easement at the end of September 2020.

For further information, see Practice Notes: Coronavirus Job Retention Scheme—the pensions implications — Interaction with automatic enrolment duties and Coronavirus (COVID-19)—the pensions implications for employers — The Pensions Regulator’s general approach.


The statutory

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