UK Regulator Plans Spot-Checks For Pension Law-Breakers

Law360, London (May 15, 2019, 5:17 PM BST) -- Britain's pensions watchdog said Wednesday it is cracking down on employers that break the law by flouting their duty to automatically enroll workers in saving schemes, and will carry out a series of targeted inspections over the summer.

The Pensions Regulator said it is using its own data, plus information given by companies to HM Revenue & Customs, to pinpoint specific employers that it believes have lied to the regulator about enrolling their staff or that are making incorrect contributions — or which have no pension plan at all.

It is mandatory for employers to cooperate with the checks, which will begin this...

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