Auto-enrolment compliance notices quadruple

clock

The Pensions Regulator (TPR) issued almost four times more auto-enrolment non-compliance notices against employers in last three months than in the previous quarter, official figures show.

The watchdog's latest update shows that 469 warnings were handed out over the three months to the end of September, up from 119 the preceding quarter. TPR also issued two escalating penalty notices in the period, taking the total number dished out to seven. These fines ranged from £50 to £10,000 per day depending on the size of the company. The regulator has now used its powers more than 3,000 times, but said the majority of non-compliance had been unintentional. TPR executive director of auto-enrolment, Charles Counsell, urged employers to allow time to understand how the law a...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Minister confirms second phase of Pensions Review due to launch 'shortly'

Minister confirms second phase of Pensions Review due to launch 'shortly'

Torsten Bell spells out ‘shared direction’ of pension reform

Jonathan Stapleton
clock 06 June 2025 • 2 min read
Industry welcomes 'blockbuster' Pension Schemes Bill

Industry welcomes 'blockbuster' Pension Schemes Bill

Bill hailed as a ‘once in a generation’ opportunity for workplace pensions

Martin Richmond
clock 05 June 2025 • 6 min read
'Game changer' Pension Schemes Bill to be laid in parliament today

'Game changer' Pension Schemes Bill to be laid in parliament today

Bill introduces series of measures including value for money on DC

Martin Richmond
clock 05 June 2025 • 2 min read