Employee benefits review

Welcome to the 2019 edition of the Employee Benefits Review. This issue looks at the problem of auto-enrolment reporting duties, where we have seen a 144% rise in the number of businesses fined for auto-enrolment errors. We also tackle multinational pooling, where businesses can benefit from the economies of scale by pooling their employee benefits. Default fund reviews are also in the spotlight; these have largely gone under the radar, but leave an employer open to challenge if the appropriate due diligence is not conducted.

Articles

Article

Auto-enrolment reporting duties

In January 2019 EMW Law published an analysis that identified that the number of businesses fined by the Pensions Regulator for auto- enrolment errors has climbed 144 per cent to 35,810 in 2017-18 from 14,650 in 2016-17.

Article

Make sure it's business as usual

Protecting your firm against the financial implications of the death or illness of a key employee, partner, shareholder or in fact anyone whose death could lead to financial losses for the business.

Article

Master trusts

Have you chosen a Master Trust as your pension scheme to meet your ongoing auto-enrolment duties? If so have you asked whether it has applied for Master Trust authorisation?

Article

Default Funds Reviews

Does your default scheme reflect members’ choices?

Article

Multinational pooling

Multinational businesses of all sizes can reap the rewards offered by pooling employee benefit plans

Earlier editions