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FSA to adopt new policy for reports on firms

The FSA has set out a new integrated policy for commissioning skilled persons to provide reports on firms.

Whether to use skilled persons for special reports will be decided case by case, considering costs to the firm and particular circumstances. The reports will be commissioned to analyse information, to assess situations, to offer advice and recommendations and give risk assessment. The new policy comes in from N2.

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Survey looks at the challenges facing businesses post auto-enrolment

A survey conducted by Johnson Fleming at the Pension & Benefits Show 2014 highlighted the key challenges faced within organisations post auto-enrolment. The results showed that communicating the changes and the value of them to staff, and receiving timely data from the payroll provider proved to still be the most challenging aspects of managing an auto-enrolment scheme.

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