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team of expert qualified advisers and administrators have a proven track record of success, and a depth of experience resulting
from numerous years within the Financial Services Industry.

With our independent status, offering whole of market options, Pension & Investment Partners LLP is in a position to continually

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Friday 24 October 2014

Comment from The Pensions Regulator (TPR) on breaches for Auto-Enrolment non-compliance

The Pensions Regulator (TPR) executive director for Auto-Enrolment (A-E), Charles Counsell, commenting on breaches for non-compliance said:

“As our knowledge of employer behaviour has developed over the past two years so has our intelligence and resource allocation to tackling non-compliance. We adopt a risk based approach in targeting our resources where they have the most impact and, although the number of investigations has risen, we have been very successful in working with employers to remedy breaches where they have occurred, without needing to use our statutory powers.

“We have also taken proactive steps working with high-risk employers to prevent non-compliance. Where we have taken enforcement action by issuing a compliance notice, this has given employers the necessary wake-up call to provide the pensions their employees are due.”

The regulator has a range of powers to tackle non-compliance including serving penalty notices of up to £10,000 a day for the largest employers, but is yet to fine a firm.

We can help with you’re A-E problems. Call Bernard Macken on 0113 202 9529 or e-mail me on bfm@pipllp.co.uk. Please visit our website www.pipllp.co.uk