Stotts Tours and its managing director Alan Stott will be ordered to pay over £30,000 for their failure to set up a pension scheme for their staff.
The order comes after the firm and Stott last month pleaded guilty at Brighton Magistrates' Court to a combined total of 16 offences, leading to The Pensions Regulator (TPR) securing its first conviction...
This week's edition of Professional Pensions is out now.
Laytons partner Jennie Kreser speaks of her concerns over pension outcomes.
Guy Opperman has indicated his support for a fresh pensions commission as the government seeks to understand how to progress pensions policy in a wide range of areas.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.