WebDec 13, 2024 · Employers and trustees of schemes eligible for Pension Protection Fund (PPF) entry have a statutory duty to notify The Pensions Regulator (TPR) if certain events … WebAug 13, 2015 · Notifiable events: Basics. The purpose of the notifiable events regime is to assist TPR in reducing the risks of situations arising that may lead to calls on the PPF. When an event is notified to TPR, it is intended to serve as an early warning mechanism of potential financial difficulties, which in turn might result in the PPF having to assist ...
The Pension Schemes Act 2024: points for trustees Gowling WLG
WebOct 7, 2024 · These introduce two new notifiable events which need to be notified to the Pensions Regulator (tPR) by employers of defined benefit (DB) pension schemes eligible … WebSep 28, 2024 · The Department for Work and Pensions has launched a consultation on the government’s proposed changes to the notifiable events regulations. Section 69 of the Pensions Act, 2004 requires the trustees and employers involved in a scheme to notify the Pensions Regulator (TPR) of certain prescribed events. raymond evernham
Pensions snapshot - April 2024
WebAug 13, 2015 · Notifiable events: Basics. The purpose of the notifiable events regime is to assist TPR in reducing the risks of situations arising that may lead to calls on the PPF. … WebSep 8, 2024 · The government has launched a consultation on draft regulations regarding The Pensions Regulator's (TPR) increased powers that extend the type of events that trustees and sponsoring employers are required to notify the regulator about. The consultation, Strengthening TPR's Powers: Notifiable Events (Amendments) Regulations … WebDec 23, 2024 · On 6 April 2024, events in relation to certain corporate transactions will become notifiable to TPR. This broader notifiable events regime will require sponsoring employers to notify TPR when a ‘decision in principle’ is made in relation to certain key corporate transactions. These include: raymond evert