DWP publishes guidance on certifying DB schemes for auto-enrolment

The Department for Work and Pensions (DWP) has published guidance on certifying defined benefit (DB) pension schemes and hybrid schemes for auto-enrolment.

The guidance aims to help organisations continue to use existing schemes, rather than setting up a new one, to comply with the pension reforms.

Steve Webb, minister for pensions, said: “Automatic enrolment will begin in October and organisations of all sizes will be part of it, with the largest employers going first.

“The guidance will help employers that are already providing good workplace pension schemes to continue to do so under the reforms.

“It is very encouraging that many employers intend to†use DB†pensions for automatic enrolment.”

Read more articles on auto-enrolment and the pension reforms