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Strategy and policy

Our strategy and policy documents relating to how we regulate DB, DC, master trust and public service pension schemes, automatic enrolment and employee safeguards.


Important

Regulatory approach

Find out how The Pensions Regulator undertakes its activities.

Automatic enrolment compliance and enforcement

Automatic enrolment compliance and enforcement strategy
PDF 153KB , 27 pages
Provides a framework for our regulatory approach, and explains the various options available to us to maximise employer compliance.
Compliance and enforcement policy
PDF 1100KB , 62 pages
Explains our approach to minimising non-compliance with the duties and safeguards, and associated legislation.

If employers fail to comply, we have various powers available to us, such as issuing a compliance or penalty notice. Employers can ask for a review of these notices.

For more information go to appealing an enforcement notice.

Defined benefit schemes

Defined benefit regulatory strategy
PDF 164KB , 13 pages
Sets out our approach to regulating trust-based defined benefit (DB) occupational pension schemes.
Defined benefit funding regulatory and enforcement policy
PDF 320KB , 34 pages
Our approach to regulating the statutory funding requirements as set out by, and under, Part 3 of the Pensions Act 2004 for trust-based DB occupational pension schemes.

Defined contribution schemes

DC compliance and enforcement policy
PDF 140KB , 20 pages
In relation to occupational defined contribution trust-based pension schemes.

FCA and TPR joint regulatory strategy

FCA and TPR: joint regulatory strategy
PDF 945KB , 25 pages
Published: October 2018
Our joint regulatory strategy for the pensions and retirement income sector.

Master trust schemes

Master trust supervision and enforcement policy
PDF 225KB , 23 pages
Sets out our supervision and enforcement approach for master trusts once they are authorised. 

Public service pension schemes

Public service pension schemes regulatory strategy
PDF 103KB , 13 pages
Regulating governance and administration in public service pension schemes.
Public service pension schemes compliance and enforcement policy
PDF 137KB , 23 pages
Describes our expectations for compliance with relevant legal requirements and how we will proceed in cases of non-compliance, including when we may use our enforcement powers.

Professional trustee description

Professional trustee description policy
PDF 43KB , 8 pages
Sets out our description of a professional trustee.

Prosecution and penalties

Monetary penalties policy
PDF 68KB , 17 pages
How we use our powers to impose monetary penalties.
Prosecution policy
PDF 113KB , 9 pages
Explains how we will use our prosecution powers.