Employers can be fined if mandatory staff pension plans are not in place by the start date...
Small businesses across North Devon and Torridge are being warned they face a £400 fine if they fail to act on time to comply with workplace pension laws.
The warning from The Pensions Regulator (TPR) comes as more than 2,000 small businesses across both districts (1,300 in North Devon, 776 in Torridge) approach the date they will need to be ready to put staff into a pension.
TPR warns the law applies to all types of small and ‘micro employers’, from plumbers to florists and web designers.
It also applies to people who may employ just one person, for example a nanny, gardener or personal care assistant.
Employers will see Workie return to their television screens this month - the large colourful character reminds them not to ignore the workplace pension.
All employers have specific deadlines by which they need to have complied with their new legal duties. They will receive a letter from TPR alerting them to the key dates.
Employers should start planning 12 months before their duties start and should use TPR’s Duties Checker http://www.thepensionsregulator.gov.uk which takes them to essential information.