automatic enrolment

Company chief executive banned from being a trustee

The chief executive of a company that packages some of Britain’s most famous brands has been convicted of refusing to give information to The Pensions Regulator (TPR). Thomas Christopher Wrigley, who was both the CEO and major shareholder of Discovery Flexibles Limited as well as being the chair of trustees for the company’s pension scheme, repeatedly refused to comply with

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Scam awareness campaign prompts tens of thousands of pension holders to seek information

The number of people seeking information about pension scams has soared since the launch of the first joint campaign by the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) this summer. In the 55 days before the launch around 31,000 people visited the ScamSmart website at an average of 562 per day. In the 55 days after the launch

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Accountant fined for breaking pension enrolment rules

An accountant working for a London cafe has been ordered to pay £6,857 after he admitted falsely claiming to The Pensions Regulator (TPR) that staff had been enrolled into pensions. It is the first time that TPR has prosecuted a third party, working on behalf of an employer, for this offence. Gran Caffe Londra in Knightsbridge, run by Primadell Ltd,

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Court hands recruitment firm largest fine and first custodial sentences to follow a TPR prosecution

A national recruitment agency, its directors and senior staff have been ordered to pay more than £280,000 for plotting to illegally opt temporary workers out of their pension scheme. The prosecution of Derby-based Workchain Ltd and its staff has led to the largest fine and first custodial sentences for a case brought by The Pensions Regulator (TPR). Owners and directors

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Milestone for workplace pensions regulation as TPR launches new approach

An increasing number of workplace pension schemes will come under greater scrutiny from The Pensions Regulator (TPR) from next month as part of a significant shift in its approach to protect savers. To reflect major changes in the political, economic and pensions landscape, TPR will be working proactively with more pension schemes through a new range of interventions to address

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Automatic enrolment is business as usual with vast majority of staff now saving

The vast majority of staff across the UK are now saving for their retirement thanks to the success of automatic enrolment. A report published by The Pensions Regulator (TPR) shows workplace saving continues to rise with 84% of employees now saving into a workplace pension, an increase from 77% last year. TPR’s annual commentary and analysis report (PDF, 1693kb, 41 pages),

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Pensions dashboard back on government agenda

The government is to go ahead with its plans to support a pensions dashboard, which will bring together information about all of an individual’s pension pots in one place. The creation of a pensions dashboard was originally announced by the then-Chancellor George Osborne in 2016, who said it would be up and running in 2019. Subsequently, responsibility for the dashboard

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Petition to save pensions dashboard plan

An online petition to stop the government scrapping its planned pensions dashboard designed to help millions of people keep track of their pensions has attracted over 143,000 signatures in the month it has been open. Hosted on the 38 Degrees website, the petition is addressed to welfare secretary Esther McVey, and has been set up in response to an article

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Regulators warn public of pension scammer tactics as victims report losing an average of £91,000 in 2017

A new campaign to tackle pension scams has launched as the latest figures reveal that victims of pension scammers lost an average of £91,000 each in 2017. The Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) have joined forces to urge the public to be on their guard when receiving unexpected offers about their pension and to check who

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