Employee Benefits Review - Stakeholder Pensions. The Second Coming

In this issue:

National Pension Savings Scheme

Communicating pensions benefits

Employee absenteeism

Defined contribution schemes

Forthcoming events

We examine the proposed National Pension Savings Scheme, which may herald the return of stakeholder pensions in a new guise. Plus, we look at managing employee absence, and some topical company pension scheme challenges.

THE SECOND COMING: STAKEHOLDER PENSION PLANS

Article by Ian Luck

Dust off your stakeholder schemes - they could be making a comeback, writes Ian Luck.

The ghost of stakeholder pension schemes past is still with us. Some say it has haunted the pensions world since 2001, when legislation made it a requirement for employers with more than four employees to make a grouped stakeholder pension available to their staff, with the threat of a £50,000 fine for non-compliance.

This measure introduced over 300,000 new stakeholder pension schemes to the market. It would be a great achievement if it weren't for ...

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