Many employers experience “regulatory drift” and unknowingly fall short of their duties.
- Auto-enrolment schemes are Occupational Pension Schemes and fall under The Pensions Regulator’s oversight. Compliance is mandatory.
- Key legal responsibilities include auto-enrolment, re-enrolment, record keeping, and communication.
- Hidden risks arise from payroll errors, incorrect contribution calculations, and employee status changes.
- Regular scheme reviews (pension MOTs) help assess compliance, reduce costs, and improve value.
- Poor record keeping, communication gaps, and outdated scheme setups are common pitfalls.
- Effective pension management supports recruitment, retention, risk reduction, and cost control.
- Forward-thinking employers use salary sacrifice, financial education, and payroll integration to maximise value.
- With 17 million working days lost to financial stress, getting pensions right is both a legal and business imperative.
- WPD helps employers meet their obligations and improve scheme efficiency with expert support and compliance reviews.
Are you meeting your pension duties?
From payroll errors to re-enrolment slip-ups—we outline what every employer needs to know.