Important guidance and information for pension scheme administrators about the end of contracting-out has been released in this latest bulletin.
This edition concentrates on the Scheme Reconciliation Service (SRS) timeline. SRS was made available for a finite period to support pension scheme administrators to reconcile their records against those held by HMRC. The deadline for submitting SRS membership queries is 31 October 2018.
As there’s now only one year left to raise any queries using SRS, HMRC is encouraging administrators to set out the process and timings up to the end of March 2019.