Page 2 - Contribution Notice News Today : Breaking News, Live Updates & Top Stories | Vimarsana

2021-05-04T16:49:00+01:00 The Pensions Regulator’s new powers includes the right to enter some premises as a result of people continuing to work from home. Specialist pensions lawyers Anne-Marie Winton and Danyal Enver, Arc Pensions Law, share their advice on how you can prepare. Under current UK pensions legislation, the Pensions Regulator can have the power to enter private homes used by, or by the permission of, the occupier for the purposes of trade or business. The existing provisions, which have been in place since 2005, allow the Regulator to enter some premises at any reasonab...

Lock ‘em up? The Pensions Regulator’s new criminal powers From 1 October 2021, The Pensions Regulator (TPR) will have new criminal powers to bolster its anti-avoidance arsenal, but what does it really mean for those involved with the running of pension schemes? The new powers allow TPR to investigate and prosecute any person who avoids an employer debt, anyone who does (or doesn’t do) something which would prevent pension scheme members from receiving their benefits in full, and anyone who does not comply with a contribution notice issued under Section 38 of the Pensions Act 2004. Anyon...

Friday, January 22, 2021 It has been a long and tortuous process, but the pension schemes bill has finally completed its passage through parliament and we just await the formality of Royal Assent before we have the Pension Schemes Act 2021 (the Act). Well done to Pensions Minister, Guy Opperman, for (almost) achieving his goal to pass this legislation in 2020 – not an easy task when parliament has been diverted by COVID-19 and Brexit. I will start with a few comments on the most publicised aspects of the Act, i.e. the new powers given to The Pensions Regulator (TPR) to impose cri...