PerioDiC - June 2016

In the second PerioDiC newsletter, we summarise the trustee, company, and other elements to be aware of which help with running a defined contribution (DC) scheme.

In this edition we cover:

• DC code of practice: TPR updates
• chair's statement and value for money: meeting governance standards
• independent governance committees: establishing and maintaining an IGC
• automatic re-enrolment: assessing and re-enrolling those opted-out
• annual allowance and lifetime allowance: reductions from April 2016
• budget roundup: LISA, salary sacrifice, pension advice and the pensions dashboard