Welcome to Burges Salmon’s Pensions Law Summary on Notifiable Events.
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The notifiable events regime is intended to identify risks relating to scheme funding, employer solvency or the employer covenant. Sponsoring employers and trustees of Pension Protection Fund (“PPF”) eligible schemes have a statutory duty to notify the Pensions Regulator of certain events relating to the scheme or the employer. This provides an early warning system to the Pensions Regulator (“TPR”) to protect calls on the PPF. We explore the reporting requirements of employers and trustees, the consequences of failing to report events and the upcoming expansions to the regime.
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