New regulations mean more auto-enrolment flexibility for average-salary pension schemes and hybrid pension schemes

Employers must satisfy their automatic enrolment duties by auto-enrolling their workers into a qualifying pension scheme. However, until now, average-salary pension schemes could only be classified as this type of qualifying pension scheme if, among other things, they revalued active members’ benefits by a minimum amount. Regulations that came into force on 1 April 2014 give more flexibility in the way in which this revaluation can be provided for an average-salary pension scheme to be a qualifying pension scheme for auto-enrolment purposes…

Click on the link below to read the rest of the Taylor Wessing briefing. 

Briefings from Taylor Wessing

View more briefings from Taylor Wessing

Analysis from The Lawyer

  • merger deal

    Corporate crunch time: who will triumph at The Lawyer Awards 2014?

    As the equity capital markets rocketed back into favour and global M&A saw at least a partial return to form, there have been some rich pickings for The Lawyer’s Corporate Team of the Year award shortlisted firms in 2014. 

  • singapore orchid

    Singapore: Cash course

    The city-state is working hard to become a global wealth management hub, and law firms are gearing up for a prosperous new world

View more analysis from The Lawyer

Overview

5 New Street Square
London
EC4A 3TW
UK
http://www.taylorwessing.com

Jurisdiction: UK
No. of offices: 4
No. of qualified lawyers: 67 (International 50)

Jobs