The Pensions Regulator launches new campaign.
In the coming weeks, The Pensions Regulator (TPR) will be targeting its new wave of compliance checks at employers across the UK who are suspected to be non-compliant with their automatic enrolment duties.
Employers are being warned that if they are breaking the law, they may be inspected which could lead to financial penalty or court action. TPR’s Director of Automatic Enrolment, Darren Ryder, says: ‘We know that most employers are doing the right thing for their staff, however, there are a small minority who persistently ignore their responsibilities. They can expect a knock at the door from us and enforcement action.’
The inspections started in Edinburgh and will continue over the summer across the UK, as part of an on-going nationwide enforcement campaign to ensure that employers are meeting their workplace pension responsibilities correctly.
If you are an employer, including a company in respect of directors, It’s important that you know exactly how to meet your ongoing duties, and that their records are kept up to date.
TPR has information and guidance on your on-going duties to help you.
Article from ACCA In Practice