Earlier this month we highlighted that the number of enforcement notices and fines for non-compliance with Auto-Enrolment duties was starting to climb rapidly. That post can be read here.
If that were not enough to convince employers of the need to comply with the new pension rules then this story most certainly should be. I think it would be prudent to assume that these arrests must represent perceived criminal activity in the avoidance of Auto-Enrolment duties rather than everyday oversights and delays in compliance. Yet at the same time this does provide a firm indicator as to the range of enforcement options open to the Pensions Regulator - and provides evidence of the willingness to pursue non-compliant companies in a way we did not witness with Stakeholder pension regulations.
For more information on Auto-Enrolment duties, please click the Workplace Pension and Savings button below.
Best regards
Steve
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