A brief guide for new employers

In addition to paying your employer contributions to the Fund, you should be aware of the other costs and charges you may be required to meet, which include, but are not limited to:

• ill-health assessment costs
• pension strain costs (for example in the case of redundancies)
• actuary, administrative or legal costs for non-standard work
• exit costs
• outsourcing or TUPE associated costs

Charges for poor performance and non-standard work under the Pensions Administration Strategy.