Pensions Regulator - Notifiable Events

Key Points

  • 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.
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