An anomaly created by bringing GPPs under Opra's authority will mean employers holding employee cont...
An anomaly created by bringing GPPs under Opra's authority will mean employers holding employee contributions for up to seven weeks could be complying with regulations but those that hold them for three weeks may well not be. The Government has been working to bring GPPs in line with occupational schemes. From April 2001 late pension contributions under GPPs will fall under the remit of Opra. Steven Cameron, pensions development manager at Scottish Equitable, said: "It is an improvement in the security of members within the scheme as we will now have to advise Opra on any late payments, t...
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