Pensions for HR: demystifying pension basics

Who should attend

HR professionals or in-house counsel who have a responsibility for pension issues, or find themselves being asked more questions on the topic. Parts of this course may also be relevant to payroll.

Synopsis

Pensions used to be the responsibility of pension specialists in the “pension department”. However, the introduction of auto-enrolment, the need to change costly pension schemes, an increasing focus on flexible benefit packages and the popularity of salary sacrifice has resulted in pensions becoming a mainstream HR issue.

Over two mornings, this course demystifies pension basics and highlights key employer responsibilities and duties, particularly from an HR perspective.

Programme

Please note that our course programme runs over two mornings (2 x 3 hour course sessions). Day 1 will take place on 4 July 2023 and Day 2 will take place on 6 July 2023.

Pension schemes - quick overview

occupational schemes: DB and DC
insurance based schemes: group and personal
auto-enrolment schemes
third party involvement in your pension scheme, including trustees, unions and the Pension Regulator

Auto-enrolment - ongoing responsibilities

key requirements
re-enrolment
working overseas / secondments
FAQs

HR pension responsibilities and issues

what pension contributions have to be made when someone is absent from work?
salary sacrifice: what it is and what impact does it have on employment contracts and T&Cs, especially when employees are absent from work
employment contracts
settlement agreements, redundancy payments and pension contributions
is there an employer duty to make employees aware of their pension benefits or encourage employees to save for their retirement?
what is ‘financial advice’ and what you can and cannot say?
role of pensions in managing an older workforce

Scheme change or variation

when you can change pensions and how TUPE affects pensions
harmonisation

Cost: £475

All prices are exclusive of VAT

Select a date

04/07/2023 - 06/07/2023
virtual training course
09:30 - 12:30 (Local time)

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