Coronavirus – prioritisation is key

Trustees and employers of occupational pension schemes are subject to a wide range of legal and regulatory requirements. During the coronavirus crisis, only rigorous prioritisation will help you to remain compliant.

Top priority activities include:

  • continuation of pensioner payroll
  • considering and paying serious ill-health lump sums
  • issuing retirement wake-up packs and putting new pensions into payment
  • responding to notifications of pensioner deaths and putting survivor benefits in place
  • considering and paying death in service benefits.

For further information and advice on how to keep the scheme running effectively please speak to your usual Sackers contact.