This is a preview. To continue reading please log in or Register to read this article

Statute raises state pension age faster and finalises auto-enrolment

The Pensions Bill gained Royal Assent late in 2011. Its principal provisions increase state pension age and offer new flexibility on auto-enrolment. It also makes a number of other changes, including to second-tier state pensions, the indexation of pensions, the Pensions Regulator's powers, payments out of scheme funds to employers and the definition of money purchase.

On this page:
State pension age
Auto-enrolment
      Certification
Other changes
      Changes to PUCODIs
      Consolidation of second-tier pension
      Indexation and revaluation for occupational schemes
      Pension Protection Fund
      Financial Assistance Scheme
      Payments to employers
      Contribution notices and financial support directions
      Defining "money purchase"
      Judicial pensions
      No indemnification for civil penalties
      Grants to advisory bodies
      Service of documents
Table 1: Changes to state pension age.