Pensions Regulator gets to work

Schemes must submit information to the regulator, in order for it to determine which firms pose a potential risk to members' benefits. The bulk of the first batch will consist of defined benefit schemes with five or more members, along with a smaller amount of defined contribution schemes with five or more members. Information required by the 'scheme return’ include: scheme type and status, membership, details about trustees and their advisers, financial information about the scheme, and details about participating employers. Pension scheme trustees will be held responsible for comple...