According to the regulator, the firm's owners and directors, Phil Tong and Adam Hinkley, encouraged five senior staff at the company to get the temporary workers out of the scheme, so the company could avoid making pension payments on their behalf.
Financial controller Hannah Armson, HR and compliance officer Lisa Neal and branch managers Martin West, Robert Tomlinson and Andrew Thorpe then worked together to opt workers out of the National Employment Savings Trust (Nest) pension scheme using its online system, the watchdog said.
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All of the defendants pleaded guilty to the offence when they appeared at Derby Magistrates’ Court in June.
maria.espadinha@ft.com
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