(1 year, 10 months ago)
Commons ChamberMy constituent suffered months of worry and stress because his employer failed to pay any pension contributions into his workplace scheme. Raising it with his boss made him fear for his job. The regulator gives no feedback on investigations, so will the Secretary of State consider whether the current £400 statutory penalty notice and regulatory powers are sufficient to ensure that employers fulfil their pension contributions duties?
The independent Pensions Regulator has robust powers in place to investigate compliance and issue fines; I urge my hon. Friend’s constituent to report his concerns to it in confidence. I am happy to meet my hon. Friend to discuss the matter further.