Automatic Enrolment: Act now, it’s the law! Regulator clamps down on non-compliance

Don't Get Penalized Red 3D Words Fee Punishment Foul Rule BreakiIf your business is due to comply with the Automatic Enrolment regulations during the next few months, news that the regulator has started to issue fines will certainly make your ears prick up. The Pensions Regulator has revealed it that in April (the latest date for which figures are available) it issued three firms with fixed penalty notices, each carrying a fine of £400. In addition to the three fines, the regulator also issued a further 162 compliance notices giving rogue employers ...

SIPPs: Regulators tighten the net around pension liberators

The Pensions RegulatorThe Pensions Regulator (TPR) has announced plans to tackle the growing number of pension liberation schemes. Pension liberation is the relatively harmless sounding name given to the pernicious practice of helping people access their pension before the age of 55, the earliest at which the vast majority of pensions can be taken. In December 2011 the High Court ruled that schemes which allowed people to access their pension before the age of 55 was illegal. However, despite this the amount of money ...