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Flashheart

« on: Thursday, April 21, 2016, 10:32:16 »

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Adver Sports Desk ‏@AdverSport  19m19 minutes ago
Swindon Town Football Company Ltd fined £22k by Pensions Regulator for repeatedly failing to comply with automatic enrolment duties. #stfc

Shouldn't Steve Anderson be on top of stuff like this?
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Arriba

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« Reply #1 on: Thursday, April 21, 2016, 10:38:54 »

soapy tit wank. There's always something with stfc.
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Panda Paws

« Reply #2 on: Thursday, April 21, 2016, 10:45:14 »

It's hardly massive news or a massive problem is it? I'd imagine a fair number of mid-size business found themselves in similar situations (in fact my company still hasn't put enrolment in place!).

Still, gives the haters more ammo I guess....
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blinkpip
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« Reply #3 on: Thursday, April 21, 2016, 10:45:50 »

Basic stuff. Embarrassing
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ee the trick is only pick on those that can't do you no harm
Like the drummer from Def Leppard's only got one arm

I annoyed Yeovilred 28/01/06
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« Reply #4 on: Thursday, April 21, 2016, 10:47:32 »

Daft mistake to make. No doubt it will be blown well out of proportion.
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Batch
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« Reply #5 on: Thursday, April 21, 2016, 10:47:47 »

Shouldn't Steve Anderson be on top of stuff like this?

Steve Anderson, does he really exists.
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Flashheart

« Reply #6 on: Thursday, April 21, 2016, 10:50:26 »

It's hardly massive news or a massive problem is it?

I agree, just makes me wonder just what the flying fuck Steve Anderson actually does, if he exists.
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Flashheart

« Reply #7 on: Thursday, April 21, 2016, 10:50:44 »

Ah, Batch beat me to it.
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Samdy Gray
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« Reply #8 on: Thursday, April 21, 2016, 10:52:36 »

And only yesterday they announced a renewed deal with a financial planning firm...

From personal experience I can tell you The Pensions Regulator are taking non-compliance very seriously. Maybe I should get in touch and see if they need some advice.

I'd imagine a fair number of mid-size business found themselves in similar situations (in fact my company still hasn't put enrolment in place!).

Most businesses are complying. But when it's going to add 5%+ to their staff costs, there are also a lot of companies that are just ignoring it, sticking their head in the sand and hoping it just goes away.

This would've been known about at least 12 months in advance though, so should've been budgeted for.
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Samdy Gray
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« Reply #9 on: Thursday, April 21, 2016, 10:59:17 »

Full report here for anyone that's that way inclined: http://www.thepensionsregulator.gov.uk/docs/regulatory-intervention-section-89-report-swindon-town.pdf
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horlock07

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« Reply #10 on: Thursday, April 21, 2016, 11:03:33 »

I assume that there are these fines flying all over the place at the moment as speaking to our accountant the other week the majority of his clients haven't got this sorted properly yet?

Would have been fine if Power wasn't pocketing all the money!
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Ƭ̵̬̊: The Artist Formerly Known as CWIG
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« Reply #11 on: Thursday, April 21, 2016, 11:46:09 »

Emarassing.
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Panda Paws

« Reply #12 on: Thursday, April 21, 2016, 11:58:19 »

Emarassing.

Is it though? Really? Are you genuinely embarrassed that a football club have been fined £22k for a financial over-sight/mistake that has no victims and is probably common place among businesses of a similar size?
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ronnie21

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« Reply #13 on: Thursday, April 21, 2016, 11:59:34 »

I agree, just makes me wonder just what the flying fuck Steve Anderson actually does, if he exists.
Figment of LP's imagination - probably Jed in disguise!
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Flashheart

« Reply #14 on: Thursday, April 21, 2016, 12:04:21 »

Is it though? Really? Are you genuinely embarrassed that a football club have been fined £22k for a financial over-sight/mistake that has no victims and is probably common place among businesses of a similar size?

It's a buzzword for these sort of things. We'll probably see 'joke' and 'laughing stock' before long too.
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