Occupational Pensions

(asked on 19th December 2018) - View Source

Question to the Department for Work and Pensions:

To ask Her Majesty's Government whether they plan to require employers to report annually on actions they, or their agents, have taken to verify that contributions made on behalf of staff to auto-enrolment pension schemes are (1) correct, and (2) have been amended if they were found to be incorrect; and if not, what discussions they have had with the Pensions Regulator about introducing such a requirement.


Answered by
Baroness Buscombe Portrait
Baroness Buscombe
This question was answered on 7th January 2019

I refer the noble Baroness to my answer of 18 December. The regulatory regime is designed so that errors can be identified and material failures can be reported, the Pensions Regulator can then require restitution; and, where necessary, make use of its enforcement powers. The Government keeps all aspects of automatic enrolment under regular review but has no plans to make changes to the compliance framework at this time.

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