Occupational and Personal Pension Schemes (Automatic Enrolment) (Amendment) (No.3) Regulations 2012 come into force
Implementation date: 31 August 2012
The draft Regulations amend reg.36 of the Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations 2010 (SI 2010/772). They provide greater flexibility for average salary schemes as to how they can provide for the minimum level of revaluation, so as not to be excluded from being a qualifying workplace pension scheme. The draft Regulations can be viewed on the UK legislation website.