Sections

The Pensions Regulator

Regulatory activity

Regulatory activity

Prohibition of trustees

Procedures for issuing prohibition orders

Special procedure for making a determination to issue a prohibition order

If there are circumstances in which the Pensions Regulator considers that we have to act immediately, such as the possibility of a threat to scheme funds, we have the power to suspend or prohibit a trustee immediately without issuing a warning notice.

If we do so, the decision will automatically be reviewed by the regulator without the trustees having to make a reference to the Pensions Regulator Tribunal.

This automatic review does not affect the trustee's right to make a reference to the tribunal.