With 2014 bringing about remarkable changes for the UK pensions industry, the spotlight on sponsoring employers has never been brighter – so what are the major issues companies need to tackle in the new pensions world? We discuss the impact of recent announcements around staff communications, the move to collective defined contribution (DC) proposals and the code of practice implications on involvement in scheme funding – perhaps bringing de-risking back into focus for many employers. With non-compliance and errors in automatic enrollment set-up at high levels, as well as the staging of increasingly smaller firms, this issue remains firmly on the table for many as well.
First published in PMI News, December 2014
