The Pensions Regulator (TPR) will aim to prosecute companies that wilfully evade their auto-enrolment duties.
The watchdog said it will not tolerate businesses that employ "dishonest, wilful or fraudulent" behaviour to avoid paying their employees' pensions. TPR warned: "This is deemed to be the most harmful and detrimental form of noncompliance and, as such we consider this unacceptable. We will aim to prosecute these offences in order to punish this type of behaviour and to act as a deterrent to others." In its compliance and enforcement strategy, published today, the watchdog said businesses will face escalating fines of up to £10,000 a day to make sure there is no financial benefit for sh...
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