The pensions watchdog has launched more than 500 investigations into auto-enrolment compliance issues in the past six months. Naomi Rainey asks: is it up to the job?
As the pensions industry gears up for an influx of smaller employers staging in May and July, it raises questions over The Pensions Regulator's (TPR's) resources in light of the large numbers due to stage. Hundreds of thousands of small and medium-sized enterprises (SMEs) will provide pensions for the first time, presenting TPR with a mammoth policing task. Here are the latest facts and figures: from 1 October 2012 to 29 January 2014, the regulator launched 590 investigations into potential non-compliance with auto-enrolment (AE) duties. This compares to the 89 cases examined up to Ju...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
