Automatic enrolment and ongoing duties

Automatic enrolment and ongoing duties

What employers need to know Every employer has automatic enrolment duties. They need to assess their staff, put them into a workplace pension scheme if they meet certain criteria, write to them to tell them what they’ve done, and complete and submit a declaration of compliance with The Pensions Regulator (TPR). An employer’s workplace pension […]

More small businesses to get access to Financial Ombudsman

More small businesses to get access to Financial Ombudsman

According to a consultation document published by the Financial Conduct Authority (FCA) last month, more than 160,000 additional firms may soon have access to the Financial Ombudsman Service (FOS). The proposed change will enable many small businesses to take action against banks and financial services providers when they believe they have been treated unfairly or […]