The Pensions Regulator Warning

The Pensions Regulator has warned employers cannot rely on excuses such as lack of staff or confusion between an employer and payroll to justify not complying with their obligations to set up pension schemes. The TPR says these sorts of excuses are essentially invalid according to the law and therefore they will not help employers who fail to comply avoid a penalty fine. TPR has specifically set out the following as not acceptable as a ‘reasonable excuse’:

  • Relying on someone else who lets you down
  • Finding the online system difficult to use
  • Not getting a reminder
  • Making a mistake
  • Staff being ill

Please contact us for more information on your obligations or to read more on this see the latest quarterly bulletin from the Pensions Regulator – click here

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