Watchdog fines first employers over AE failures

clock

Three employers have been issued fixed penalties of £400 in The Pensions Regulator's (TPR) first use of fines for failures related to auto-enrolment (AE).

The number of compliance notices issued also soared 941% to 177 by the end of September, compared to just 17 at the end of June. A total of 163 compliance notices were sent out during the three-...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Pensions dashboards could lead to more than £2bn in lost savings by 2030

Pensions dashboards could lead to more than £2bn in lost savings by 2030

Research finds two-fifths of savers likely to use dashboards to carry out a pension transfer

Martin Richmond
clock 13 November 2024 • 3 min read
Will VfM reforms deliver what the DC industry needs?

Will VfM reforms deliver what the DC industry needs?

Jacqui Reid says there are two significant problems with the FCA’s proposed approach

Jacqui Reid
clock 13 November 2024 • 4 min read
L&G selects IFM Investors as infrastructure manager for DC private markets fund

L&G selects IFM Investors as infrastructure manager for DC private markets fund

Partnership will see L&G invest 19% of PMAF assets with IFM

Jonathan Stapleton
clock 13 November 2024 • 5 min read
Trustpilot