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The Occupational Pensions….

The Occupational Pensions Regulatory Authority is launching a facility on its website to help employers find out if they need to set up a stakeholder scheme.

At the website, employers can find out if they are exempt from having to offer staff access to a stakeholder pension.

The website asks employers a series of yes or no questions and gives an immediate answer on whether the company is eligible for exemption.

Opra advises employers to check any existing pension arrangements before logging on to the interactive decision tree as this will be required to give employers an accurate idea of their position.

Employers should know what type of employees are relevant to stakeholder are included in their existing scheme and whether membership can be extended to offer a pension to employees currently excluded.

Chief executive Caroline Instance says: “Understanding the various employer access exemptions can be daunting if you are a busy employer. This new web facility is designed to make it as easier for employers to see the wood for the trees.”


Henderson Global Investors – Independent Distribution Portfolio Trust

Tuesday, 20th March 2001.Type: Unit trust.Aim: Income by investing in unit trusts, Oeics and fixed interest securities.Minimum investment: £5,000.Investment split: UK equity income 48 per cent, UK fixed interest 36 per cent, global fixed interest 10 per cent, sterling cash deposits 6 per cent.Isa link: Yes.Pep transfers: Yes.Charges: Initial 5.25 per cent, annual 1.25 per […]

Julian Gibbs

It is good to see GE Life, part of the biggest company in the world by market capitalisation, back in the high-income plan market. It has a clear goal – to be the first-choice provider of financial services and products to the over 50s – and these plans are an ideal investment for them. The […]

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