2012 Pensions Reforms: Money purchase phase-in periods
30 January 2012
The Government has announced an extension to the phase-in periods over which a money purchase scheme (which is used to meet the automatic enrolment requirements) needs to meet the full statutory contribution levels. The change is as described in our alert of last week.
We have updated two of last year’s newsletters to reflect this change. You can find the updated versions here (When do the reforms start to apply?) and here (Money purchase requirements).
