Pensions/ Pensions Regulator: Powers to Protect Pension Schemes
- 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.
The Pensions Regulator’s anti-avoidance powers (also called their “moral hazard” powers) are of two types: