If you are using professionals to help you with automatic enrolment have you been in contact with them? Are you going to use postponement?
Join Neil Esslemont and Rebecca Woodley from the regulator at 11.30 on 13 March 2014 as they discuss practical advice and tips for these preparations.
There will be a question and answer session at the end of the webinar where you will be able to pose your questions. Follow this link to register .
If you cannot attend the webinar or you are an employer 6 months away from your staging date then you may find the TPR’s six month checklist useful. The checklist reminds you of the preparations you need to have in place before your staging date and also outlines what you must do once your staging date arrives.
Pensions regulator investigates 500 suspected AE breaches
11 March 2014
The Pensions Regulator investigated more than 500 suspected breaches of automatic enrolment legislation in just six months.
IFA online reports that The Pensions Regulator (TPR) investigated more than 500 suspected breaches of automatic enrolment (AE) legislation in just six months and 590 in total since October 2012, figures show
As a result, the regulator took action under its compliance and enforcement policy in 134 instances, to 29 January this year.
Responding to a Freedom of Information (FoI) request from IFAonline's sister title Professional Pensions , TPR revealed three compliance notices have been issued to companies failing to complete registration, while a further compliance notice was issued to an employer that failed to establish a scheme. The compliance notices were dated between August 2013 and this January. An unpaid contributions notice was also served on 6 December 2013, while a statutory inspection of a company was carried out on 30 October 2013. In addition, TPR delivered 28 instructions to companies at risk of non-compliance prior to end of January 2014, and 101 warning letters for minor alleged breaches were sent in the same period. The 590 investigations into possible AE non-compliance included cases where employers themselves contacted the regulator with concerns ahead of staging, TPR said. It also included some smaller employers who requested their staging date be moved forward, while other cases were as a result of reports from whistle blowers. TPR sent 101 warning letters
In July, TPR revealed it had launched 89 AE non-compliance investigations . A month later, it confirmed it had issued its first compliance notice.
Automatic enrolment scores 3 million
14 March 2014
CIPP Policy News Journal
16/04/2014, Page 409 of 519
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