PTM025300 - General principles: parties to a pension scheme: employer

| Glossary | PTM000001 | |——�-|———————————————————————————�-|

An employer’s responsibilities will vary depending on whether they run their own pension scheme and the type of pension scheme they offer. »Ê¹ÚÌåÓýapp tax rules impose responsibilities on employers regarding pensions but more generally they will have to consider their responsibilities and obligations on issues including (but not limited to):

  • the enrolment of staff into a pension scheme;
  • payment of the correct amount of contributions on time;
  • ensuring the pension scheme meets funding requirements;
  • reporting and information requirements;
  • ensuring the scheme remains relevant to staff and meets statutory requirements;
  • communications with scheme members, for example regarding contributions, costs and charges, investment choices and retirement options.

For a definition of sponsoring employer see PTM022000.