Pensions watchdog fines Swindon Town FC £23k for auto-enrolment failings

Jonathan Stapleton
clock • 1 min read

The Pensions Regulator has fined Swindon Town Football Company £22,900 after it failed to put eligible workers into a pension scheme.

swindon-county-ground


The regulator said Swindon Town - the League 1 football club owned by former Norwich City footballer Lee Power - had "repeatedly failed to comply with its automatic enrolment duties".

It said STFC was issued with a compliance notice on 18 August 2014 directing it to automatically enrol staff and pay contributions but failed to comply by the deadline of 17 October 2014.

The regulator added there were several further delays in the employer complying with their duties - delays which resulted in TPR's intervention escalating from a focus on remedial action to one of enforcement action.

counsell-charles-tprTPR executive director of automatic enrolment Charles Counsell (pictured left) said: "This case illustrates what can happen when an employer buries their head in the sand and disregards their duties.

"If things aren't going well, then talk to us; don't ignore us. Failing to comply on time will not save you money. Not only do you risk a fine, you will also have to make back dated contributions."

The regulator has outlined full details of the case - including a timeline of events - in a section 89 regulatory intervention report.

The regulator said it hoped other employers would learn lessons from this action - urging businesses not to ignore their duties and ask for help if they needed it.

It added that "deliberate non-compliance would not be tolerated" and warned if employers have received a fine, they will still have to pay it even if they go on to become compliant.

Swindon Town Football Club were contacted when writing this article but declined to comment.

More on Defined Contribution

DC providers' accumulation performance gap rises in 2024, research shows

DC providers' accumulation performance gap rises in 2024, research shows

Research finds performance gap between providers in accumulation phase stood at 14.4%

Martin Richmond
clock 04 March 2025 • 3 min read
PPI calls for 'new approach' to Gen Z retirement planning

PPI calls for 'new approach' to Gen Z retirement planning

PPI report commissioned by IFoA looks at challenges the generation faces in retirement

Jasmine Urquhart
clock 26 February 2025 • 3 min read
Partner Insight: Why more support is needed to help avoid retirement savings shortfall

Partner Insight: Why more support is needed to help avoid retirement savings shortfall

With some retirees facing nearly a decade of unfunded retirement, Jayesh Patel - Head of DC Clients at Legal & General - discusses how to help savers better plan for the duration of their retirement years.

Trustpilot