A businessman is to be prosecuted by The Pensions Regulator (TPR) for failing to reveal information about companies he owns or runs.
Vincent Bootes is accused by the watchdog of failing to pay workplace pension contributions to staff members at his companies, which are registered in Hampshire and Surrey.
The regulator is prosecuting Bootes for failing to comply with two notices under section 72 of the Pensions Act 2004 – which required him to provide information about his companies and were issued to him in June and September last year.
He has been summonsed to appear at Brighton Magistrates’ Court on 13 November, where he will face two charges of neglecting or refusing to provide information and documents, without a reasonable excuse, when required to do so.
In a magistrates’ court, the charges carry a maximum sentence of an unlimited fine but, if the case is elevated to the Crown Court, the maximum sentence is two years’ imprisonment.
In a separate case last month, TPR revealed it will prosecute a recruitment agency and its managing director on suspicion of trying to avoid providing staff with a workplace pension.
Back in May, the regulator announced that employers who breach their auto-enrolment pension duties will be targeted with short-notice inspections, as part of its ‘clearer, quicker, tougher’ initiative.