Pensions Regulator 22,900 : Swindon Town 0
The potential costs to a business of not complying with the rules for automatic enrolment were recently highlighted in press reports about Swindon Town football club. In the words of The Pensions Regulator, the club repeatedly failed to comply with its automatic enrolment duties, and was ultimately fined £22,900. If your business is yet to start auto-enrolment, you need to begin preparation early to avoid incurring penalties. Occupational pension schemes are regulated by The Pensions Regulator. The value of your investment can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance.