First auto enrolment non-compliance notices issued by TPR
The Pensions Regulator (TPR) has issued its first formal notice to an unnamed company which has failed to fulfil its auto enrolment obligations. A further 38 less-severe warning letters have been sent to other businesses in the period to 12th August.
It was revealed last month that TPR were investigating 89 different incidents of possible non-compliance, focussing on larger companies which had already reached their staging date. These investigations and the warnings that followed are said to mainly relate to how prepared the employers were for auto enrolment and whether the correct communications were being sent out to employees.
A spokeswoman for TPR said “We plan to publish further detailed information around compliance and enforcement work. We will promote good compliance behaviour among employers by ensuring that the legislation is being applied fairly and that those who do not comply will face enforcement action in line with our risk based approach.”
We wrote last month about how businesses who fail to comply with auto enrolment risk fines of up to £10,000 per day, and this new announcement shows that TPR is taking compliance very seriously.
Have you started preparing for auto enrolment yet? We are holding free webinars every Thursday at 10.30am, to help give you an overview of the legislation and steps you need to take to prepare. Visit our webinar page to find out more or to book your free place.