Pensions/ Pensions Regulator: Powers to Protect Pension Schemes

Key Points

 

  • The Pensions Regulator's anti-avoidance powers include contribution notices and financial support directions.
  • They can be used if employers fail to support a scheme, cause material detriment to the chances of a person receiving benefits or the employer is insufficiently resourced or is a service company.
  • Advance clearance is possible for specific transactions.

Introduction

The Pensions Regulator’s anti-avoidance powers (also called their “moral hazard” powers) are of two types:

Current: 
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Current:

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