The Pensions Regulator (TPR) is going to publish a list of group personal pensions (GPPs) open to any employers seeking to comply with their automatic enrolment duties.
TPR believes well-run multi-employer master trusts and GPPs are the best choice for small and micro employers preparing to meet their workplace pension duties. A list of independently reviewed master trusts which are open to all employers is already available on the employers’ section of TPR’s website.
Now GPP providers which meet similar criteria are being encouraged to apply to appear on a new list on the website, increasing the choice of well-run schemes available.
If as an employer you would like assistance, or to discuss this, please contact either Jason Bevan or David Hine at Magma Wealth Management on 01788 539000.