Pension advisers: 'Our worst fears are developing'

The Pensions Regulator (TPR) flexed its auto-enrolment enforcement muscles last week when it contacted the first company to breach the new pension rules. The Brighton-based watchdog said it had sent the unnamed firm a non-compliance notice and told it do better. It also revealed a further 38 warning notices were sent out to other businesses. This points to teething problems with auto-enrolment which will eventually affect all businesses in the country. All employers, however small, will have to comply or face penalties. Problems But wealth manager English Mutual, part of Sanlam, ...