PerioDiC - June 2016

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In the second PerioDiC newsletter, we summarise the trustee, company, and other elements to be aware of which help with running a defined contribution (DC) scheme.

In this edition we cover:

  • DC code of practice: TPR updates
  • chair's statement and value for money: meeting governance standards
  • independent governance committees: establishing and maintaining an IGC
  • automatic re-enrolment: assessing and re-enrolling those opted-out
  • annual allowance and lifetime allowance: reductions from April 2016
  • budget roundup: LISA, salary sacrifice, pension advice and the pensions dashboard