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Errors affect workplace pensions for NOW:Pensions
Now Pensions, one of the top three providers of workplace pensions in the UK with 1.3 M members across 26,000 employer schemes, has been asked to leave the list of approved providers by The Pensions Regulator after problems in its systems meant that some employer contributions were not passed on to the ultimate managers of the money.

According to The Times, NOW Pensions being forced off the list of 22 approved schemes is a setback for moves to ensure that all private sector employees have a retirement plan. See on the Pension Regulator website for more information.

If this affects your business and you are not sure what to do, please contact me and I can put you in touch with a pensions specialist who can help.
Posted on 27 Jul 2017

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