February 12th, 2019.
Employers who don’t provide a pension scheme for staff face unlimited fines. The warning comes as an accounts manager who tried to hide the fact that restaurants had not given their staff workplace pensions has been ordered to pay £5,000.Bradford-based Mansoor Nasir submitted false declarations of workplace pension compliance to The Pensions Regulator (TPR – the regulator of work-based pension schemes in the UK) to claim that nine restaurants were giving their employees the correct benefits.
TPR found, on
investigation, that Nasir had failed to automatically enrol 103 staff into workplace pensions at the restaurants for which he was the payroll adviser in Birmingham, Manchester, Yorkshire and the North East. He tried to cover this up using false declarations between September 2014 and May 2017.
For the full story at smallbusiness.co.uk CLICK HERE.