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Resurrecting this discussion - how are schemes dealing with this in the current lock-down? We are always concerned about fraud, and short of asking members to send original certificates/passports or certified originals/passport copies to us at home, we are thinking of asking for a scan, and then asking the member to photograph themselves with their document and send it to us by phone.
I am still worried that a criminal could still falsify ID and should appreciate your wise thoughts and suggestions.
Is anybody looking to furlough some employees? What are you doing in respect of pension contributions? My understanding is that the furlough payment will be run through your normal payroll and will be subject to pension contributions unless the employee decides to opt out.
Is there any clear guidance out there?
Do you think that working from home will become the 'new normal'?
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Original Certificates
Resurrecting this discussion - how are schemes dealing with this in the current lock-down? We are always concerned about fraud, and short of asking members to send original certificates/passports or certified originals/passport copies to us at home, we are thinking of asking for a scan, and then asking the member to photograph themselves with their document and send it to us by phone. I am still worried that a criminal could still falsify ID and should appreciate your wise thoughts and suggestions.
Although it's directed at firms providing services to retail customers, it might be worth checking what the FCA had to say on this earlier this week.
In their Dear CEO letter from Tuesday...
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COVID-19: Furloughed Employees and Pensions
Is anybody looking to furlough some employees? What are you doing in respect of pension contributions? My understanding is that the furlough payment will be run through your normal payroll and will be subject to pension contributions unless the employee decides to opt out. Is there any clear guidance out there?
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