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Video transcript: Rising number of automatic enrolment penalties

Interviewer: The latest quarterly bulletin out today showing another rise in the amount of fines, does this mean that small and micro employers are struggling to meet their duties?

Charles Counsell: No not at all, the number of employers who are reaching their staging date is going up sharply and what we’re seeing is a consistent rise in the number of fines just simply in line with the number of employers who are reaching their staging date. Look our message is clear to employers, don’t ignore the workplace pension, if you ignore the workplace pension there’s a risk you could get fined.

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