Auto enrolment safeguarding
The Pensions Regulator (TPR) is carrying out spot checks on employers across the UK to make sure they are complying with their workplace pensions duties. Where employers are failing, it is issuing warnings and fixed panalty notices of £400.
TPR’s most recent quarterly automatic enrolment compliance and enforcement bulletin showed that in the first three months of 2017, a total of 4,673 fixed penalty notices and 1,043 escalating penalty notices were issued.
Darren Ryder, TPR’s Acting Director of Automatic Enrolment, said “Every employer has workplace pension duties and we are determined that every worker gets the pension they are entitled to. Automatic enrolment is not an option, it’s the law. Where we find employers are not complying with the law, we will use our powers to make them comply.”
We’re here to ensure that independent retailers receive the right support to meet your auto enrolment obligations. If you answer no to the below questions, you may want to get in touch with your pensions provider or speak to bira workplace pensions.
bira members have access to an exclusive bira workplace pensions scheme, find out more here.