Automatic enrolment: the regulator is watching
By Anne-Marie Winton
The Pensions Regulator has issued its first report naming (and gently shaming) an employer that failed to comply with its automatic enrolment obligations. The report indicates that the regulator has effective systems in place to identify those not complying and it will intervene to help the employer meet the requirements. It may be of some comfort to employers struggling with the complexities of the legislation that the regulator does not appear to have issued a fine for non-compliance — just ensured that all relevant employees have been enrolled and the correct contributions paid…
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