Pensions - Articles - tPR auto-enrolment enforcement figures comment from Aegon


Kate Smith, Head of Pensions comments: “The Pensions Regulator’s latest statistics show that employers, on the whole, are continuing to back automatic enrolment, by complying with their duties on time . This is good news for employees, as the employer contribution can make a real difference in helping individuals save for their retirement, and it simply isn’t fair if they fail to pay contributions that employees are legally entitled to.

 “It’s good to see that the Pension Regulator has teeth and is using its powers to fine non-compliant employers, sending out a message that failing to play by the automatic enrolment rules is simply not acceptable. 

 “It’s not unsurprising to see an upward trend in the number of fixed and escalating notices given that that smallest employers probably have little pension experience and are unlikely to be turning to advisers for support. To avoid being fined, employers must make sure they start planning early, find out their staging date and understand what and when they need to do to comply with their automatic enrolment duties. All of this information is easily available on the Pension Regulator’s website and pension providers are also able to support those looking for further clarity.”
  

Back to Index


Similar News to this Story

Funding for DB schemes makes more progress at start of 2026
Fully hedged scheme sees small funding level increase over January50% hedged scheme also improves position over the monthEncouraging start to 2026 fol
Older retirees lose out falling into best/worst income gap
Older retirees have most to lose by falling into the best/worst income gap, Just Group analysis reveals·Gap between the best and worst annuity rates i
Beazley agree £8bn Zurich buyout as Iran tensions dominate
FTSE 100 scales fresh heights as its defensive qualities shine. Energy stocks and miners benefit as Middle East tensions rise. Insurer Beazley agrees

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.