Reward Strategy news and training

Regulator launches spot checks on employers

The Pensions Regulator (TPR) is carrying out spot checks in North East England to identify if employers are complying with their pension duties.

Twitter LinkedIn

In the last month inspection teams have visited more than a dozen businesses in towns and cities across the region - including Newcastle, Middlesbrough, Hartlepool, Bishop Auckland and Stockton-on-Tees - to check that qualifying staff are being given the workplace pensions they are entitled to.

 

It is part of a nationwide enforcement campaign which began in London last year, ensuring employers are meeting their automatic enrolment duties correctly.

 

This was the first time these checks have been done in the North East. Short notice inspections have already begun in Northern Ireland, South Wales, Edinburgh, Glasgow, Greater Manchester, Sheffield and Birmingham, among others.

 

The checks help TPR to understand whether employers are facing any unnecessary challenges that the regulator can help them with.

 

But they also highlight employers who have not taken the required steps to become or remain compliant, paving the way for enforcement action against them.

 

Darren Ryder, TPR’s director of automatic enrolment, said: "The vast majority of employers are compliant with the law but we are continuing to find a very small proportion of employers who aren’t.

 

“In some cases this is down to innocent error. Our visits help us identify why some employers may be struggling so we can support them.

 

“But where we find employers are not complying, in particular when they appear to be doing so deliberately, we will use our powers to ensure they comply so that their workers receive the pensions they are entitled to.”

Twitter LinkedIn
Add New Comment

You might also like

Defined benefit pensions: The future

The Work and Pensions Committee has launched an inquiry into the Protecting defined benefit pension schemes white paper, which was published last month

TPR warns trustees and sponsoring employers to treat scheme members fairly

Trustees and sponsoring employers of defined benefit pension schemes must do more to protect member benefits, The Pensions Regulator (TPR) has warned

GDPR: Are you ready?

April edition’s highlights: → Workers’ rights: Have agency workers lost their flexibility and therefore appeal to businesses? - page 6 → Cover feature: Final steps to ensure you are prepared for the new data protection regime - page 14 → Back in the headlines: 50 years since the Ford sewing machinists’ strike of 1968, and equal pay is back in the limelight - page 22

Six pension and finance companies placed in provisional liquidation

Six companies have been placed in provisional liquidation following an investigation by the Insolvency Service

Payroll & Reward Conference

LATEST PAYROLL AND REWARDS NEWS IN YOUR INBOX

Reward Strategy
Reward Strategy RSS

Did you find our website useful?

Thank you for your input

Thank you for your feedback

reward-strategy.com - an online news and information service for the UK’s payroll, reward, pensions, benefits and HR sectors. reward-strategy.com is published by Shard Financial Media Limited, registered in England & Wales as 5481132, Axe & Bottle Court, 70 Newcomen St, London, SE1 1YT. All rights reserved. Reward Strategy is committed to diversity in the workplace.
© Copyright Shard Financial Media Ltd