Pensions Regulator: anti-avoidance powers

Resource type: Practice note

Status: Maintained

Jurisdictions: England, Scotland, Wales

This practice note describes the powers of the Pensions Regulator to issue contribution notices, financial support directions and restoration orders, including changes to these powers introduced by the Pensions Act 2008. It does not consider the clearance procedure, which is the subject of a separate practice note.

PLC Pensions

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Resource ID: 2-205-4995
Products: PLC UK Pensions, PLC UK Public Sector
This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.

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Topics

Pensions RegulatorPensions Regulator (http://pensions.practicallaw.com/2-379-8240)
Reorganisations and Outsourcing: PensionsReorganisations and Outsourcing: Pensions (http://pensions.practicallaw.com/0-379-8241)
Sales and Acquisitions: PensionsSales and Acquisitions: Pensions (http://pensions.practicallaw.com/2-103-1349)

Practice note: overview

Employer pension schemes: a quick guide Employer pension schemes: a quick guide (http://crossborder.practicallaw.com/topic6-382-8443)
Pensions Act 2008: key points Pensions Act 2008: key points (http://crossborder.practicallaw.com/topic3-384-3015)
Pensions Act 2011: overview Pensions Act 2011: overview (http://crossborder.practicallaw.com/topic2-504-5144)
Pensions in the UK: overview Pensions in the UK: overview (http://crossborder.practicallaw.com/topic2-235-7983)
Pensions Regulator: contribution notices: a quick guide Pensions Regulator: contribution notices: a quick guide (http://crossborder.practicallaw.com/topic2-501-0804)
Pensions Regulator: financial support directions: a quick guide Pensions Regulator: financial support directions: a quick guide (http://crossborder.practicallaw.com/topic9-501-0805)
Pensions Regulator: overview Pensions Regulator: overview (http://crossborder.practicallaw.com/topic3-203-0447)
Pensions Regulator: restoration orders: a quick guide Pensions Regulator: restoration orders: a quick guide (http://crossborder.practicallaw.com/topic7-501-0806)
Pensions: asset purchases Pensions: asset purchases (http://crossborder.practicallaw.com/topic1-107-3542)
Statutory debt on the employer: overview Statutory debt on the employer: overview (http://crossborder.practicallaw.com/topic3-203-4898)

Practice notes

Debt equity swaps: can banks be liable for financial support directions? Debt equity swaps: can banks be liable for financial support directions? (http://crossborder.practicallaw.com/topic9-376-6405)
Employer debt and regulated apportionment arrangements: what insolvency practitioners need to know Employer debt and regulated apportionment arrangements: what insolvency practitioners need to know (http://crossborder.practicallaw.com/topic7-501-5286)
Liability management exercises and incentives Liability management exercises and incentives (http://crossborder.practicallaw.com/topic0-385-9734)
Pension scheme buyouts and buy-ins Pension scheme buyouts and buy-ins (http://crossborder.practicallaw.com/topic5-385-3758)
Pension trustee exoneration and indemnity clauses Pension trustee exoneration and indemnity clauses (http://crossborder.practicallaw.com/topic2-209-8956)
Pensions Act 2008: a guide Pensions Act 2008: a guide (http://crossborder.practicallaw.com/topic7-383-0110)
Pensions Regulator powers: practical issues for company directors Pensions Regulator powers: practical issues for company directors (http://crossborder.practicallaw.com/topic8-386-6113)
Pensions Regulator: clearance applications Pensions Regulator: clearance applications (http://crossborder.practicallaw.com/topic2-205-5042)
Who is "connected" or "associated"? Who is "connected" or "associated"? (http://crossborder.practicallaw.com/topic9-422-3889)

Checklist

Pensions Regulator: anti-avoidance powers flowchart Pensions Regulator: anti-avoidance powers flowchart (http://crossborder.practicallaw.com/topic1-500-4931)

Glossary

Assessment period Assessment period (http://crossborder.practicallaw.com/topic5-205-4060)
AVC AVC (http://crossborder.practicallaw.com/topic7-107-6458)
Contribution notice Contribution notice (http://crossborder.practicallaw.com/topic8-201-5524)
Financial support direction (FSD) Financial support direction (FSD) (http://crossborder.practicallaw.com/topic5-201-5525)
Insolvency practitioner Insolvency practitioner (http://crossborder.practicallaw.com/topic5-107-6261)
Money purchase scheme Money purchase scheme (http://crossborder.practicallaw.com/topic0-107-6857)
Occupational pension scheme Occupational pension scheme (http://crossborder.practicallaw.com/topic8-107-6900)
Partnership Partnership (http://crossborder.practicallaw.com/topic8-107-6976)
Pensions Regulator Pensions Regulator (http://crossborder.practicallaw.com/topic9-201-5137)
Registered pension scheme Registered pension scheme (http://crossborder.practicallaw.com/topic5-201-6474)

Legal update: archive

Contribution notices: consultation report on regulations covering transfers to DC schemes published Contribution notices: consultation report on regulations covering transfers to DC schemes published (http://crossborder.practicallaw.com/topic0-501-6265)
Pensions Regulator approves settlement following Sea Containers FSDs Pensions Regulator approves settlement following Sea Containers FSDs (http://crossborder.practicallaw.com/topic1-385-0144)
Pensions Regulator: final material detriment code and response to consultation published Pensions Regulator: final material detriment code and response to consultation published (http://crossborder.practicallaw.com/topic7-386-0593)

External resource

Pensions Regulator: Material detriment code Pensions Regulator: Material detriment code (http://crossborder.practicallaw.com/topic2-386-1142)

Policy guidance and consultation

Pensions Regulator: clearance guidance (April 2005 version) Pensions Regulator: clearance guidance (April 2005 version) (http://crossborder.practicallaw.com/topic3-205-5391)

Binary content

Pensions Regulator: clearance guidance (April 2005 version) Pensions Regulator: clearance guidance (April 2005 version) (http://crossborder.practicallaw.com/topic9-504-1289)
Pensions Regulator: clearance guidance (December 2008 version) Pensions Regulator: clearance guidance (December 2008 version) (http://crossborder.practicallaw.com/topic8-502-7095)

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