TH March warns of Pensions Regulator inspections

Jewellery insurance company has warned businesses to be aware of possible inspections by the pensions regulator.

Following a number of inspections in and around Manchester over the past few days, TH March is urging companies to make sure they comply with the Workplace Auto-Enrolment Scheme.

Steve Clements, chartered financial planner at TH March, said: “The Pensions Regulator (TPR) is a friendly regulator but if you haven’t complied with your auto-enrolment duties you could be in trouble.”

It also suggested that employers are only notified of checks a matter of days in advance, going on to say it was “better to comply from the beginning.”

TH March encouraged businesses to contact Steve on 01822 855 555 or email financialplanning@thmarch.co.uk for guidance on how to meet duties.