ARTICLE · 13 NOVEMBER 2012

Pensions

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On 1 October 2012 s.87 of the Pensions Act 2008 came into force which removes the statutory duty for employers to have a designated stakeholder pension scheme.

United KingdomEmployment and HR

Alison Wallace

On 1 October 2012 s.87 of the Pensions Act 2008 came into force which removes the statutory duty for employers to have a designated stakeholder pension scheme. However, where employees are already making regular contributions under their employer's stakeholder pension scheme through payroll they will continue to be able to do so until they stop or leave.

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