Businesses that flout their workplace pension duties face being subjected to random spot-checks by the Pensions Regulator.
Employers that provide details to HMRC are having that data cross-referenced by the watchdog in an attempt to identify non-compliance with auto-enrolment.
The checks are designed to identify businesses that are failing to enrol eligible staff into a workplace pension scheme or that make incorrect, or no, contributions.
All businesses with staff aged between 22 and state pension age, and earning more than £10,000 year, have to be auto-enrolled into a workplace pension.
Those who fail to comply may be the subject of short-notice inspections, which began in May and will continue throughout the summer. (more…)