As well as helping employers to meet their statutory obligations, the provision of a workplace pension can be a valuable part of the reward strategy. Here we look at the different types of pension schemes offered by organisations, and the level of contribution for both employers and employees.
Enhanced with additional information, including on the implications of auto-enrolment for high earners and issues around exit payments and credits in defined-benefit schemes.
The new Pension Schemes Act gives the Pensions Regulator increased power to prosecute on behalf of scheme members who have been left shortchanged by the actions of a variety of people involved in a business. Simon Kew gauges how businesses should respond to the changes.