Closed consultation

Strengthening The Pensions Regulator's Powers: Notifiable Events (Amendments) Regulations 2021

• From: Department for Work and Pensions
• Published: 8 September 2021
• Last updated: 13 October 2021 — See all updates

This was published under the 2019 to 2022 Johnson Conservative government

Applies to England, Scotland and Wales

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Summary

This consultation seeks views from industry on the proposed drafting of regulations in relation to Part 3 of the Pension Schemes Act 2021.

This consultation ran from
8 September 2021 to 11:59pm on 27 October 2021

Consultation description

Section 69 of the Pensions Act 2004 requires trustees and employers in relation to the scheme to notify The Pensions Regulator of prescribed events. The government is extending the type of events that trustees and employers in relation to a scheme are required to notify The Pensions Regulator about. These draft regulations set out the proposed additional prescribed events and the removal of one existing prescribed event.

This consultation is aimed at:

• Pension Industry bodies and professionals
• employers and representative organisations
• trustees and scheme managers
• Pension Scheme members and beneficiaries
• any other interested parties

Documents

Strengthening The Pensions Regulator's Powers: Notifiable Events (Amendments) Regulations 2021

HTML

Strengthening The Pensions Regulator's Powers: Notifiable Events (Amendments) Regulations 2021

PDF, 211 KB, 16 pages

Draft regulations: The Pensions Regulator (Notifiable Events) (Amendment) Regulations 2021

HTML

Draft regulations: The Pensions Regulator (Notifiable Events) (Amendment) Regulations 2021

PDF, 123 KB, 3 pages

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Published 8 September 2021
Last updated 13 October 2021 + show all updates

1. 13 October 2021

   A revision has been made to page 12 (Meaning of “relevant security”) of the consultation document to ensure consistency with the draft regulations. The original consultation wording risked the possibility of different interpretations being made of the definition of ‘relevant security’.

2. 8 September 2021

   First published.