Pensions: Coronavirus

(asked on 24th March 2021) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, if she will bring forward legislative proposal to ensure that employers affected by the covid-19 outbreak cannot retain employee pension deductions as cashflow rather than pay into the relevant pension scheme.


Answered by
Guy Opperman Portrait
Guy Opperman
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 13th April 2021

No. Employers are not permitted to hold pension contributions as cash flow.

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