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Dec 2015

3

Rise in auto-enrolment compliance notices issued by TPR

Figures from The Pensions Regulator (TPR) show 469 auto-enrolment compliance notices were issued to employers between July and September 2015.

A compliance notice is issued under section 35 of the Pensions Act 2008 to remedy a contravention of one or more auto-enrolment employer duty provision

The latest number is almost quadruple that for the previous quarter. In addition, during the last quarter TPR issued 85 unpaid contributions notices, 107 fixed penalty notices of £400, and two escalating penalty notices carrying a daily fine of between £50 and £10,000 – bringing the total of escalating penalty notices issued to seven.

Full article www.payrollworld.com

Posted byCaoimhe ByrneinAuto Enrolment