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Welfare Reform and Pensions Bill to be debated this week

The House of Commons will debate the Welfare Reform and Pensions Bill on Tuesday this week.


The bill is expected to complete its passage through Parliament by July and its provisions will come into force from Autumn 2000.


Under the bill, pensions sharing will be possible but not compulsory and it will still be possible to offset pension rights against other assets, or on retirement to pay maintenance from one former spouse to the other.

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Guide

Guide: how to change your auto-enrolment support

As we approach the two-year milestone of auto-enrolment, employers have had the opportunity to truly assess the capabilities of their chosen support. They are also now realising that getting to the staging date was the easy part, and that support is required for almost every aspect of the day to day running of their scheme. With the three-year re-enrolment window coinciding for many with the total removal of commission and Active Member Discounts from pension-related products and services, as well as the introduction of the pension charge cap in April 2015, many employers will have no choice but to review their support options. But, what is involved in transitioning your auto-enrolment scheme away from your current support options? This guide from Johnson Fleming aims to outline some of these key areas and provide information and discussion points on what you need to consider.

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