The Pearson Pension Plan
FOI reference - FOI-350
Date - 12 February 2025
Request
Could you please confirm us that The Pearson Pension Plan (PSR 10157215) is well regulated by the pension regulator?
Response
I confirm that we hold the information you have requested.
We are the Regulator for work-based pension schemes with more than one registered member. Any work-based pension scheme registered with HMRC, with more than one member must by law register with us, and this must be done within three months from the date a scheme first becomes a registrable scheme. Therefore, if the scheme you are requesting confirmation about falls into this category (i.e. a work based pension scheme registered with HMRC with more than one member) then it would fall under our remit as the Pensions Regulator.
I should make it clear that confirmation that where a scheme appears on our register this does not imply that we endorse the scheme. We are under a legal duty to register any scheme that notifies us that it meets certain conditions set out in legislation.