Employees have the right to be informed about their pension options and to make choices that suit their individual needs. If you have more than 50 employees, you’re legally required to consult with them before making changes to pension arrangements. This means agreeing on what information you’ll share and when the consultation takes place.
For all employers, providing clear communication about the available options helps employees understand what the change means for them. Our Employer Hub provides you with helpful templates and resources to support communication with your employees.