|Quarter 4||Jan to Mar 2020|
|Quarter 3||Oct to Dec 2019|
|Quarter 2||Jul to Sep 2019|
|Quarter 1||Apr to Jun 2019|
Contribution rates for employees which will apply from 1 April 2020.
As first instance decision makers it is important that employers familiarise themselves with the process to ensure that they have a robust procedure in place. It is essential that any decision taken is made in line with guidance issued by SPPA.
A Certificate of Protection ensures that a members benefits are not negatively affected in situations whereby their pay is reduced or restricted through no fault of their own. The Fund has developed a guide to assist employers understand Certificates of Protection and their responsibilities.
Our AVC provider Prudential is now able to accept employer contributions into members AVCs and can facilitate employers who wish to offer AVCs as a salary sacrifice arrangement.
Prudential recommend that employers take specialist tax advice when setting up this arrangement and require all employers to meet their Terms and Conditions. If you have any queries or would like to implement this type of arrangement please email firstname.lastname@example.org