Pensions Regulator - Notifiable Events
- Employers and trustees have a statutory duty to notify the Pensions Regulator if certain prescribed events occur in an occupational pension scheme.
- Some prescribed events do not have to be notified if certain conditions are met e.g. if the scheme is fully funded on the PPF basis.
- If an event occurs it must be notified in writing to the Pensions Regulator as soon as reasonably practicable.
- Civil penalties can be imposed for non-compliance.