One in ten firms plan to ignore AE as TPR issues first daily fines of up to £10,000

clock

The Pensions Regulator (TPR) has issued four escalating penalty notices carrying a daily fine of between £50 and £10,000 against businesses that have failed to comply with their auto-enrolment (AE) obligations.

The action is the first time the daily penalties have been instigated and are seen as an escalation to the penalty process. But industry experts have called for the watchdog to provide more insi...

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 Employee Benefits

Benefex and Benify come together under single brand

Benefex and Benify come together under single brand

Benefex and Benify come together under single brand

Jonathan Stapleton
clock 11 February 2025 • 1 min read
How we won the WSB Awards 2024... Standard Life

How we won the WSB Awards 2024... Standard Life

Judges praised Standard Life for how it has empowered employers and engaged members

Workplace Savings & Benefits
clock 19 November 2024 • 2 min read
How we won the WSB Awards 2024... Fidelity International

How we won the WSB Awards 2024... Fidelity International

Judges praised Fidelity for its commitment to supporting clients and scheme members

Workplace Savings & Benefits
clock 18 November 2024 • 3 min read
Trustpilot