Employer Consultation on the Fund's Administration Strategy 2024 is Now Closed

The Fund's Administration Strategy is a key document which details how we set standards and measure performance for ourselves and for Scheme Employers, as well as how we communicate and work with Scheme Employers.

In line with out Business Plan, our strategies and policies are kept under regular review.  The current Administration Strategy was approved in March 2022, and as such it is now subject to revision and review.

You can find a draft copy of the Administration Strategy here.

For ease of reference, all amendments are listed on pages 2 and 3, and are also highlighted in red throughout the document.

Changes include:

• an update to the Key Performance Indicators for the Fund to reflect the 2024 Annual Report guidance from the Department of Levelling Up, Housing and Communities (DLUHC) – now Ministry of Housing, Communities and Local Government (MHCLG).
• applying an uplift to the penalty charges to reflect two years’ inflationary factors;
• adding requirements concerning notification of data breaches; and
• adding guidance on opt-ins and Main Section switches.

If you would like to participate with the consultation, please provide your comments or queries to Fund.Consultation@essex.gov.uk by end of business on Friday 22 November 2024.