Sections

The Pensions Regulator

Regulatory activity

Regulatory activity

Prohibition of trustees

Procedures for issuing prohibition orders

Standard procedure for making a determination to issue a prohibition order

If the Pensions Regulator is considering making a determination to issue a prohibition order against trustees, we will follow the standard procedure to deal with the determination unless there are circumstances which mean that an immediate response is required.

We will serve a warning notice on the trustees concerned, and the possibility of suspension or prohibition will be mentioned in that notice. The notice will set out the reasons for which the regulator is considering this action and the legislation on which the action is based.