A Criminal Declaration

PinocchioBack in June, I explained¬†that entering false information on The Pension Regulator’s declaration of compliance is a criminal offence, albeit one which hadn’t as yet seen any prosecutions. However, on 7th March 2018, Crest Healthcare and a related individual pleaded guilty in the first prosecution of its kind.

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Exit, Stage Left

Tomorrowland SignNew businesses that make their first payments to employees today will be allocated an automatic enrolment staging date of 1st February 2018. This is the date when they must assess their workers for enrolment into a pension, unless they are operating postponement.

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A Pivotal Stage of Auto Enrolment

A StageAutomatic enrolment was devised with a long term aim that lots of employees should save meaningful amounts for their old age. That aim was divided up into two sections, each subdivided into steps. The first section is called staging and is bringing in lots of employers and their employees, in stages. This is why the date an employer’s duties start is known as their staging date. So what happens if an employer sticks their head in the sand and ignores their staging date?

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