Occupational Pensions

(asked on 19th February 2019) - View Source

Question to the Department for Work and Pensions:

To ask Her Majesty's Government what measures are in place to ensure the pensions industry routinely checks for auto-enrolment contribution data errors; and what reporting they require from (1) pension providers, (2) employers, and (3) payroll operators to verify the accuracy of contributions.


Answered by
Baroness Buscombe Portrait
Baroness Buscombe
This question was answered on 25th February 2019

I refer the noble Baroness to my answers of 7 January 2019 and 18 December 2018. 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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