Sections

The Pensions Regulator

Codes of practice

Codes of practice

Code of practice 05
Reporting late payment of contributions to occupational money purchase schemes

The code at a glance

The code sets out the Pensions Regulator's view of what constitute reasonable periods within which trustees must report late payments of contributions:

  • to the Pensions Regulator where they are likely to be of material significance to the Regulator in the exercise of its functions; and
  • to members.

The code also provides examples of circumstances in which trustees should normally make a report to the Pensions Regulator and to members, and circumstances where it would not normally be necessary.