Sections

The Pensions Regulator

Regulatory guidance

Regulatory guidance

Reporting breachesComplying with the duty to report breaches of the law

To be read in conjunction with the Pensions Regulator's code of practice 01: Reporting breaches of the law.

This guidance is designed to complement the code of practice on Reporting breaches of the law and should be read in conjunction with the code.

Its main purpose is to give examples of hypothetical breach situations and to act as a yardstick to help those who might have to make a report. In addition it provides further explanation about some of the matters covered by the code and it includes examples of processes and procedures.

Each section of the guidance is referenced and linked to the appropriate code paragraph.

Late payment of scheme contributions

Please note that the code does not address breaches relating to the late payment of contributions to either occupational schemes (defined benefit or defined contribution) or personal pension schemes (including stakeholder). Late payment of contributions in relation to money purchase schemes is the subject of:

  • reporting late payment of contributions to occupational money purchase schemes (Code of practice 05); and
  • reporting late payment of contributions to personal pension schemes (Code of practice 06),

    both of which came into force in May 2006.

    Late payment of contributions to defined benefit schemes is covered in paragraphs 161 to 167 of Code of practice 03: Funding defined benefits, which came into force in February 2006.

Guidance for specific paragraphs of the code

Guidance for specific paragraphs of the code

Code paragraph 12

Code paragraph 13

Code paragraph 24

Code paragraph 28

Code paragraph 31

Code paragraph 32

Code paragraph 33

Code paragraphs 35 to 45

Decision-tree: deciding whether to report

Code paragraph 37

Code paragraph 41

Code paragraph 53

Code paragraph 60

Code paragraph 67