News
Dual Status workers and auto-enrolment
Tuesday, July 10, 2012New regulations, which took effect on 2 July 2012, exempt “dual status workers” from auto-enrolment.
Dual status workers are those who ordinarily work in the UK but who are treated as non-UK workers under EU pensions law. If they were auto-enrolled into a scheme it would need to register as a cross border scheme, and this could be costly for a defined benefit scheme as it would then need to pay off its funding deficit.
The training session was very good – pitched just right in terms of our knowledge levels.
Trustee - Pension Scheme