Employers inheriting staff on transfer will be able to pay pension contributions at the former company's auto-enrolment (AE) rate, the Department for Work and Pensions (DWP) has confirmed.
It means that businesses that receive workers on a Transfer of Undertakings and Protection of Employment (TUPE) basis will no longer have to pay up to 6% matching contributions, if the transferring...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
