Massive Rise In Fines For Pension Auto-Enrolment Errors….Make Sure You Don’t Get On The List!

Massive rise in fines for pension auto-enrolment errors

During the last financial year the number of fines for Pension Auto-Enrolment errors shot up to 35,810 from 14,650 the previous year.

The reason..? The expansion after 2017 of the enrolment scheme to employers of less than 50 people….and that may well include you. Pensions Act 2008 has been extended since its inception over the last ten years. Now every employer in the UK must put their qualifying employees into a pension scheme and, where appropriate, pay conditions.

Many of the fines have been to the 1.1 million employers in the UK with less than 10 employees. Since April 2017 they have been required to auto-enrol staff earning £10,000 or more in a workplace pension scheme.

We recommend that you check the situation with your accountant/legal adviser. Better to be safe than fined.

 

 

The Graham Agency, keeping you informed.

End

 

I would like to thank you all for the care and attention you gave to ensure that our housekeeper was just right for us.

My family back home has welcomed me and I am enjoying my new life with the family you found for me.

Using The Graham Agency was a truly good decision, from first chat to welcoming the candidate you found for us was simplicity itself. Excellent matchmaking.

I have been working for this family now for just over a year, and am able to enjoy life and save.

The idea of finding a domestic staff member for the first time on our own was intimidating, so we would like to express our gratitude for taking away all the issues for us.

I would just like to say a big Thank You for finding the perfect job for me.

I would like to thank you all for the care and attention you gave to ensure that our housekeeper was just right for us.

My family back home has welcomed me and I am enjoying my new life with the family you found for me.

Get In Touch Today

+44 207 118 0122

Email Us Now