Quarter of employers miss auto-enrolment deadline - Aviva

New record high

Hannah Godfrey
clock • 3 min read

The number of companies setting up their workplace pension after their auto-enrolment deadline has hit another record high, according to Aviva.

Figures for July, August and September this year showed that a quarter (25%) of businesses applying for their workplace pension with Aviva did so after their staging date, the official deadline set by The Pensions Regulator (TPR). According to Aviva, businesses that miss their staging date put themselves at risk of a fine and limit their options for a pension scheme because not all providers will accept ‘late stagers'. The percentage of applications made after the staging month has passed has gradually increased over the past two years. In Q1 2016 just of employers 1% missed the de...

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