The Pensions Regulator has shared it’s October roundup

Share your views on TPR’s joint Value for Money discussion paper

Alongside the FCA, TPR has published a  joint discussion paper with the aim of developing a universal framework for measuring value for money (VFM) in defined contribution (DC) pension schemes. 

Please share any views by 10 December.

Read TPR’s new criminal offences policy, and share your views on further draft enforcement policies

TPR has released a new policy on how it will use new criminal powers to prosecute people who savers' pensions at risk. They have also published a further consultation on its approach to other new powers introduced and their communication with its existing powers. 

Please share any views by 22 December.

Automatic enrolment: Duties apply as normal 

The Coronavirus Job Retention Scheme has now ended. Therefore, employers’ automatic enrolment (AE) duties continue to apply as normal. This means they must pay the correct amount on time into their staff pension scheme, evaluating new staff to see if they are eligible for automatic enrolment, sharing this with them and re-enrolling eligible staff at the right time. Their employer guidance outlines what employers must do.