First three employers fined for auto enrolment failure
28 October 2014
The latest quarterly automatic enrolment compliance and enforcement bulletin published by The Pensions Regulator includes details of how many times the regulator has used its statutory powers. It also has details from recent investigations along with the call to action for small and micro employers.
The bulletin notes that:
· 163 Compliance Notices were issued during the period. These statutory notices give employers a deadline within which to take certain actions.
· The first employers were fined for not meeting their duties. Three fixed penalty notices were issued.
· Research into employer awareness and calls to the regulator’s contact centres have indicated that some small employers still do not realise the law applies to them.