The Pensions Regulator

May

Automatic enrolment key messages

For new employers and start up businesses If your clients have recently become an employer, it’s important they don’t forget to tell The Pensions Regulator who their nominated key point of contact is. Research by The Pensions Regulator indicates that employers who nominate a key point of contact are more likely to comply with their duties and less likely to

May

Assets to be seized from employers that snub workplace pension fines

Employers that refuse to pay workplace pension fines could have their assets seized to pay their debts. The Pensions Regulator (TPR) issues fines to employers that fail to meet their automatic enrolment duties and can secure court orders if the debts are not paid. TPR is to now appoint High Court Enforcement Officers (HCEOs) to enforce court orders in England

Apr

Increase in deductions for pensions means fall in take home pay for many

Millions of workers who are auto-enrolled into pensions will see deductions from wages triple when they receive their April wage slip, says Rebecca Goldring, a tax manager at leading accounting, tax and advisory practice Blick Rothenberg. “On April 6 a relatively modest 0.8% deduction from workers’ pay packets into their auto-enrolment pensions increased to 2.4%, with an additional rise to

Apr

Recruitment firm to face court for illegally opting staff out of pensions

The Pensions Regulator (TPR) is to prosecute a national recruitment firm, its directors and some of its senior staff on the suspicion that they illegally opted employees out of their pension scheme. Workchain Ltd (formerly known as Smart Recruitment UK Ltd) is accused of logging into its workplace pension scheme’s online system using employees’ personal details, to terminate their membership

Dec

TPR to prosecute healthcare company for trying to avoid giving its staff workplace pensions

The Pensions Regulator (TPR) is to prosecute a healthcare company and its managing director for trying to avoid providing their staff with a workplace pension. Birmingham-based Crest Healthcare and managing director Sheila Aluko are accused of wilfully failing to comply with their automatic enrolment duties under section 45 of the Pensions Act 2008. Both defendants are also accused of falsely

Dec

Survey shows business advisers continue to be crucial to the success of automatic enrolment

A survey of business advisers has shown the vast majority will continue to help their clients with their ongoing automatic enrolment duties. The Pensions Regulator’s (TPR) intermediary awareness and understanding tracker (PDF, 858kb, 31 pages) also shows most advisers expect to be helping new businesses that are taking on staff for the first time with their automatic enrolment duties. However the research

Nov

‘We will take action against employers failing to pay into pensions’ – warns The Pensions Regulator

More employers have been ordered to pay missing pension contributions, according to new data released by The Pensions Regulator (TPR) today. TPR has published its latest compliance and enforcement quarterly bulletin (PDF, 67kb, 14 pages) and has updated its quarterly lists which name both pension schemes and employers which TPR has taken action against. The bulletin highlights that TPR used its powers to issue

Nov

Use your eyes and ears to avoid pension scams, The Pensions Regulator warns

The Pensions Regulator (TPR) has launched new online messaging urging consumers to keep their eyes and ears open for pension scams. One of the new pieces of animation being circulated by TPR via Facebook, Twitter and YouTube reminds viewers to watch out for scam sites that dress themselves up with anti-scam messaging to pose as legitimate businesses. The second focuses on the need to hang

Sep

Instant pensions duties start for new businesses

Start-up businesses will from 1 October have a legal duty to put staff straight into a workplace pension as soon as they employ them. The start of instant pension duties coincides with the fifth anniversary of automatic enrolment and shows that providing a workplace pension is now simply part of running a business. Since 2012, more than 8.5 million more

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