Firm must pay £700,000 of pension contributions after benefit miscalculation

Kim Kaveh
clock • 3 min read

The Pensions Regulator (TPR) has ordered a firm to pay back more than £700,000 of pension contributions after it miscalculated the amounts due for more than a year.

The auto-enrolment (AE) section of its latest quarterly bulletin for July to September stated that the "major employer" blamed the error on staff being "very busy" when it alerted the watchdog and ...

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