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
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