This month The Pension Regulator launched its first prosecution of a company and its director for deliberately avoiding their automatic enrolment duties. Stott Tours, based in Oldham, Greater Manchester, and its managing director, Alan Stott, are accused of deliberately not putting 36 of their staff into a workplace pension. They have been summonsed to appear at Brighton Magistrates’ Court on 4 October 2017.
Over 400,000 employers have now complied with their legal duties, but the regulator will use its powers where they are failing to give their staff the pensions they’re due.
Petaurum Solutions Comment
We will continue to track this landmark judgement and the Regulators advice. With Pensions Automatic Enrolment becoming a reality for all businesses, the cost of Non-Compliance can be a costly one, in both terms of reputational and monitory. Our cost effective one stop shop solution allows you to sit back and get on running your business safe in the knowledge that your Automatic Enrolment duties are in hand and you are compliant. For more information why not give us a call