COVID-19 (coronavirus): what you need to consider
Employers
The government’s Coronavirus Job Retention Scheme has now ended and employers’ automatic enrolment duties continue to apply as normal. This includes paying contributions into a workplace pension for your staff.
If you are employing staff for the first time, you have a number of duties to comply with. This includes continuing to assess your staff and putting them into a pension if they are eligible.
If you are an employer nearing three years since your duties start date or staging date, you should check your re-enrolment duties.
If your scheme has a board of trustees, make sure you carry on working closely with them. See work with your pension trustees.
Trustees and scheme advisers
Pension trustees and scheme advisers should continue to meet legal duties and the standards we expect. This includes those relating to the funding of defined benefit schemes, administration and communications to members.
You may find the following guidance useful:
- funding defined benefit schemes
- protecting DB schemes from sponsoring employer distress
- avoid pension scams
- maintaining contributions
- administration
- communicating and reporting
- investment governance in defined contribution schemes
Supervision and enforcement
We continue to focus on our supervisory regime. As the schemes we currently supervise are all at different points on our supervisory cycle, we will engage with them individually to determine the next steps.
Although we do not regulate administrators directly, we are increasing our engagement, developing strong and open relationships with the largest and most strategically important ones.
We will also continue to carry out enforcement activity where we find people not complying with the law.
Archived COVID guidance
We have now removed most COVID pages from our website.
You can still read our COVID guidance on the National Archives website.