The Chartered Institute of Payroll Professionals ……………………………………………………………Policy News Journal
Spot checks are to be carried out on employers across the UK to make sure they are complying with their workplace pensions duties.
While compliance remains in the high nineties and workplace saving is now the norm, spot checks are to be carried out on employers across the UK. The inspections are part of The Pensions Regulator’s (TPR) ongoing enforcement activity to ensure employers are meeting their automatic enrolment duties correctly. Employers TPR judges to be at risk of failing to meet their duties are being visited. As well as providing valuable insight into employer behaviour, the spot checks are to investigate any non-compliance, help employers get back on track or take enforcement action where necessary.
The inspections also serve as a warning to employers that they cannot ignore the workplace pension and that deliberate non-compliance will not be tolerated.
Executive Director of Automatic Enrolment Charles Counsell said:
“Automatic enrolment has been a great success so far with more than seven million people now saving into a workplace pension. It is important employers continue to make contributions into their staff’s pensions and these spot checks make sure ongoing compliance is being maintained. It is not fair to staff if they do not get the pensions contributions they are entitled to by law. We take non-compliance seriously and will take enforcement action when we need to.
As well as investigating any non-compliance, these inspections will also help shine a light on employer behaviour so we can see why different types of employers fail and also identify good practice that others can learn from.”
Employers are given a short period of notice before the inspection and will be from a range of business sectors including those at risk of failing to meet their duties, for example the hospitality and retail sectors.
Click here to view the full press release.
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HMRC Talking Points on automatic enrolment 10 March 2017
Reminder
HMRC’s Talking Points meetings aim to help make things easier for Agents and their clients, by providing up-to-date information, guidance and tips.
Automatic enrolment
There are two separate meetings on this subject and The Pensions Regulator will be taking part in both of them.
Supporting your clients through automatic enrolment Friday 17 March midday to 1pm Register now for this meeting
Supporting your clients through re-enrolment Friday 17 March 2.30pm to 3.30pm Register now for this meeting
Delegates will have the opportunity to ask questions during the meeting however a webcam or microphone is not needed.
These interactive meetings will be run on the ‘CITRIX’ platform.
If you have any questions for the subject experts, please send them to team.agentengagement@hmrc.gsi.gov.uk prior to the meeting, including the title of the meeting in the ‘Subject’ line of your email.
The organiser will explain how to ask questions on the day.
Additionally there are also several toolkits that you may find useful which are free to access and download.
The Chartered Institute of Payroll Professionals
Policy News Journal
cipp.org.uk
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