The Pensions Regulator takes action on non-compliance

The Pensions Regulator (TPR) publishes annual and quarterly commentary and analysis on automatic enrolment and the powers they have used to ensure employer compliance over the relevant period. The data gives a breakdown of which of the several compliance enforcement actions have been applied. The analysis and data published in the TPR June 2015 report tells us that:

The total recorded TPR non-compliance interventions, or imposed penalties for the quarter up to June 2015, was 247 contributing to a total of 1,751 for the year. The number of TPR actions to tackle non-compliance is going up and is likely to increase significantly as more smaller businesses take on auto-enrolment. Watch out for a significant short-term increase in the issuing of Fixed and Escalating Penalty Notices!

Every employer with at least one member of staff now has new responsibilities, including putting those who meet certain criteria into a workplace pension scheme and contributing towards it. There are very few employment situations where the auto-enrolment requirement might not apply to an employer, so if you are unsure if your business is liable, check and seek advice, rather than assume or claim that auto-enrolment is not required in your case.

Sources
www.thepensionsregulator.gov.uk (June 2015 Quarterly publication)

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