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answer text |
<p>I refer the noble Baroness to my answer of 12th November 2018.</p><p>Employers,
trustees, managers and providers must keep certain records including details of the
pension contributions payable in each relevant pay reference period by an employer
to the scheme, and the amount payable. This includes the contributions due on the
employer’s behalf and deductions made from an individual’s earnings.</p><p>The Pensions
Regulator has published codes of practice on its website setting out how trustees
of defined contribution pension schemes and managers of personal pension schemes should
monitor the payment of contributions, provide information to help members check their
contributions and report material payment failures to The Pensions Regulator. However,
The Pensions Regulator does not hold statistics on contribution data errors. The Pensions
Regulator have payment failure reports from pension providers but these do not necessarily
represent data errors.</p><p>In addition, The Pensions Regulator publishes regular
assessments of its automatic enrolment compliance and enforcement activities as well
as an annual commentary and analysis report, both of which are available on its website.</p>
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