Faith Dickson comments in Pensions Expert on the effect of Covid-19 on auto-enrolment
Partner, Faith Dickson, has commented in Pensions Expert on the effect of the Covid-19 outbreak on auto-enrolment.
As a response to the ongoing tough environment for employers, where some businesses may struggle with cash flow, TPR has relaxed its enforcement of auto-enrolment. It has increased the cut-off for reporting employers that are late in paying contributions to 150 days rather than 90 days.
Faith comments that, despite TPR having a softened approach to reporting delays, “there is little sign of the government giving employers a break on auto-enrolment obligations – other than cutting them a bit of slack on reporting late contributions”.
Read the full article in Pensions Expert here.