Compliance inspection by TPR uncovers pension calculation errors

The Pensions Regulator warns people are at risk of missing contributions

Hope William-Smith
clock • 1 min read

A compliance inspection of twenty large employers across the UK has found administrative errors with the ongoing pension duties at several are putting people at risk of not receiving workplace contributions owed to them.

The Pensions Regulator (TPR) today (26 September) said its "in-depth compliance inspections" were carried out earlier this year and cover the employers of over 1.5 million UK workers. "They showed a number of errors in respect to calculating pensions contributions and communications to staff," the regulator said. "The firms, which are across the transport, hospitality, finance and retail sectors, have now corrected or are working to correct errors, including making backdated contributions." TPR director of auto-enrolment Mel Charles said it put people at risk of missing out and also h...

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

Reeves to consider £2bn raid on tax-free pension lump sum

Reeves to consider £2bn raid on tax-free pension lump sum

Telegraph reports PCLS cut could help plug £50bn public finances hole

Jonathan Stapleton
clock 21 August 2025 • 3 min read
State pension age review: Govt launches call for evidence

State pension age review: Govt launches call for evidence

UK faces long-term demographic pressures

Jenna Brown
clock 18 August 2025 • 2 min read
'Barriers are institutional, not technical': Industry split over ten-day pension switch proposal

'Barriers are institutional, not technical': Industry split over ten-day pension switch proposal

After PensionBee calls for a legally enforceable transfer guarantee

Sahar Nazir
clock 18 August 2025 • 2 min read