Workplace Pensions - A Timely Update of Current Issues & Future Developments
Whilst it might appear that the workplace pension arena is quiet, with changes to auto-enrolment not scheduled until the mid-2020s, that does not mean that employers can take their eye off the ball in respect of pensions issues.
Financial pressures during the pandemic have seen increased numbers of those aged 55 and over, take some or all their DC pension pot with no awareness of the impact on other workplace pension savings. Equally the freezing of the pension lifetime allowance will bring more auto-enrolment and reward challenges to employers. Employers themselves have also struggled to reconcile pension scheme rules with pension contributions claimed back und the CJR scheme, so risk compliance activity by the pension regulator.
So, whilst pensions may now appear to be business as usual for payroll and HR professionals, it simply means that this another area of our responsibilities that we need to continue to upskill, as legislation changes in this area on a frequent basis. Add in the complexities of salary sacrifice and pensions during statutory leave and you can appreciate the minefield this is for agents and employers.
This webinar will provide a timely update of current issues and future developments.
What You Will Learn
This webinar will cover the following:
- Do you know what ‘opting-down’ is and do you want to offer it?
- The interaction of state pensions with workplace pensions
- Are you getting pension salary sacrifice right? The Regulator thinks many employers are not!
- Tax and pensions - do you understand tax relief choices, tax protection, and the money purchase annual allowance?
- The pension dashboard and the Nest Jars trial
- Engaging employees with pension saving - what should employers do to get value for money from their pension offer?
This pre-recorded webinar will be streamed at 12:30pm on Thursday 14th October 2021 and will remain available to view by delegates who have registered by then for 90 days.
at your organisation