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Specialists in Automatic Enrolment

Fines for non-compliance

The fines for getting this wrong – or not taking any action at all – are considerable. The Pensions Regulator website is blunt.

 

Non-compliance or breaches of the regulations

Fixed penalty
£400
 
Daily fines for non-compliant SMEs
  1 – 4 employees

£50      PER DAY

 
  5 – 49 employees

£500    PER DAY

 
50 – 249 employees
£2,500 PER DAY