The Pensions Regulator has issued its first report naming
(and gently, shaming) an employer which failed to comply with its
automatic enrolment obligations. The report indicates that the
Regulator has effective systems in place to identify those not
complying and it will intervene to help the employer
meet the requirements. It may be of some comfort to
employers struggling with the complexities of the legislation that
the Regulator does not appear to have issued a fine for
non-compliance - just ensured that all relevant employees have
been enrolled and the correct contributions paid.
The Regulator was alerted to the problem when the employer,
Dunelm, failed to register its compliance within the deadline
(now five months from the staging date). Further enquiries
revealed that employees had been enrolled into the scheme between
one and three months late and that the correct contributions had
not been paid across to the scheme's provider.