Bosses Warned Over Missing Pension Contributions

Law360, London (November 20, 2020, 11:14 AM GMT) -- The retirement savings watchdog said it will crack down on companies failing to make contributions to staff pension funds during the COVID-19 crisis, reversing an earlier soft-touch approach when the pandemic first hit.

The number of so-called unpaid contribution notices sent to employers by The Pensions Regulator has soared by 191.4% from 352 in the second quarter of the year to 1,026 in the three months to September.

The U.K.'s rules on automatic enrollment oblige companies to contribute at least 3% of their employees' earnings to workplace pensions plans. Trustees of the schemes are expected to report to the regulator within...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!