Senior staff at a national recruitment agency tried to save money by impersonating their temporary workers to opt them out of their workplace pension scheme.
A senior director at The Pensions Regulator has called on pension holders to be more vigilant to combat increasingly "clever and devious" scammers.
Fixed penalties worth nearly £5million were issued to companies for failing to comply with auto-enrolment in the last financial year.
The Pensions Regulator has begun a name and shame operation to show which companies are failing to comply with auto-enrolment.
The Association of Member-Directed Pension Schemes (AMPS) has rejected a call to outlaw SSAS schemes to cut down on pension scams and says it is “stunned” the idea has been proposed.
An executive director at The Pensions Regulator has called for pension transfers to SSAS to be banned.
Fines worth just under £170,000 were handed out to firms for auto-enrolment failings in the 12 months from April 2014.
The OFT has agreed with business and The Pensions Regulator (TPR) on reforms to the £275bn defined contribution (DC) workplace pension market after it found some savers fail to receive "value for money."
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