On the go: The Pensions Regulator has accused Lee Bartholomew, 44, from Kent, of fraudulently deducting money from the salaries of employees of 1066 Target Sports Ltd, according to a note from TPR on March 1.
The company director of an East Sussex-based sports centre is to be prosecuted for allegedly, fraudulently evading his duty to pay employee pension contributions.
TPR said Bartholomew deducted the money as contributions towards the company’s occupational pension scheme, but he did not pay it to the schemes within a prescribed period.
Bartholomew has also been charged with failure to provide information requested under sections 72 and 77 of the Pensions Act 2004.
He has been summoned to appear at Brighton magistrates’ Court on March 24 2023.
According to the Pensions Act 1995, it is a criminal offence for employers to deduct money from their employees’ salaries as contributions towards an occupational pension scheme and not pay it to the scheme trustees within a prescribed period.
Under the Pensions Act 2004, TPR has the power to compel information from individuals and corporations by issuing a section 72 notice.
This article first appeared on FTAdviser.com
