Pensions regulator investigates 500 suspected AE breaches

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The Pensions Regulator (TPR) investigated more than 500 suspected breaches of auto-enrolment (AE) legislation in just six months and 590 in total since October 2012, figures show.

As a result, the regulator took action under its compliance and enforcement policy in 134 instances, to 29 January this year. Responding to a Freedom of Information (FoI) request from IFAonline's sister title Professional Pensions, TPR revealed three compliance notices have been issued to companies failing to complete registration, while a further compliance notice was issued to an employer that failed to establish a scheme. The compliance notices were dated between August 2013 and this January. An unpaid contributions notice was also served on 6 December 2013, while a statutory in...

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