Statutory employers - time to dig and delve
The Pensions Regulator has issued a statement emphasising the need for Trustees of defined benefit pension plans to identify the 'statutory employers' supporting their plan. This information will be required on future scheme returns. Trustees who have any doubts about the position for their pension plan should seek legal advice. Squire Sanders Hammonds has considerable experience in conducting audits to identify statutory employers - please talk to us at an early stage and we can help you to establish a proportionate approach for your pension plan.