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16 Sep 2021

DWP consultation on improving the notifiable events regime - increasing the powers of TPR through regulations

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Pensions analysis: The Department for Work and Pensions (DWP) has launched a consultation on strengthening the powers of The Pension Regulator (TPR) in relation to defined benefit pension schemes by improving the scope of the notifiable events regime, introducing draft regulations, and proposing new notices and accompanying statements. The draft regulations set out extended circumstances in which the notifiable events arise, from when information must be provided and how much information is required. The proposed regulations are expected to be finalised for failing to comply once the consultation closes on 27 October 2021. Written by Stephen Richards, partner at Stephenson Harwood LLP.

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This analysis was first published on Lexis® PSL on 15 September 2021 and can be found here (subscription required).

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