TPR warns employers against 'auto-enrolment exemption' certificate scam

Employers charged £58 for ‘worthless’ documents

Victoria McKeever
clock • 2 min read

The Pensions Regulator (TPR) has warned employers not to fall for fake certificates offering "auto-enrolment exemption", which purport to show they are not subject to workplace pension duties.

TPR said it was investigating at least one company offering the so-called ‘Certificates of Auto-Enrolment Exemption'. It added employers had been charged £58 for the certificates that were "worthless", since no such documents had been produced or accepted by TPR as evidence of auto-enrolment exemption. The pensions watchdog said a number of employers had been persuaded to pay for the documents, with scammers claiming the paperwork meant the holders do not have any workplace pension duties. TPR stressed every individual or organisation in the UK that employs at least one person has aut...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Advisers concerned about regulatory scrutiny in decumulation phase

Advisers concerned about regulatory scrutiny in decumulation phase

Retirement planning ‘dominates’ client advice requests

Isabel Baxter
clock 27 November 2024 • 3 min read
Advisers call for new products to tackle retirement planning challenges

Advisers call for new products to tackle retirement planning challenges

Retirement products ‘don’t meet modern needs’

Isabel Baxter
clock 25 November 2024 • 3 min read
How advisers can play a role in boosting wellbeing in retirement

How advisers can play a role in boosting wellbeing in retirement

A happy retirement is the 'north star'

Cecilia Furner
clock 08 November 2024 • 3 min read