Following on from my post last week, Jelf Employee Benefits (JEB) have issued a technical update on the Government’s response to the “Better workplace pensions” Consultation last week.
The update can be viewed here: http://www.jelfgroup.com/site/jelf-aease-/news
For many employers this will mean a renegotiation with the pension provider to obtain terms that fit within the new minimum standards framework for Auto-Enrolment pension schemes. We are awaiting provider responses to the announcements, and will update our clients and prospects as appropriate.
In the meantime, please contact your usual JEB consultant if you have any queries.