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United Kingdom
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Key definition
Pensions Regulator definition

What does Pensions Regulator mean? The Pensions Regulator (TPR) is the UK regulator for work-based pension schemes in legal practice: it oversees occupational (trust-based) schemes and employer duties for work-based personal pensions, including automatic enrolment. Created by the Pensions Act 2004 (replacing OPRA in April 2005), its statutory objectives are to protect members’ benefits, reduce the risk of claims on the pension protection fund, promote and improve understanding of good administration, maximise compliance with employer automatic enrolment duties, and, for defined benefit funding, to minimise any adverse impact on the sustainable growth of an employer. TPR issues codes of practice and guidance and can require...

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Occupational pension scheme wind-ups under s 11 Pensions Act 1995: The Pensions Regulator’s powers, criteria and Determinations Panel case summaries

Practice notes
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THIS PRACTICE NOTE ONLY APPLIES TO OCCUPATIONAL PENSION SCHEMES

This Practice Note examines specific examples of:

  • where the pensions regulator (the Regulator) has made an order directing or authorising the winding-up of an occupational pension scheme under the Pensions Act 1995 (PA 1995), s 11(1) (a ‘section 11 order’), together with the determinations panel’s rationale for issuing the order in each case
  • where the Determinations Panel has declined to make a section 11 order

In practice, it should only in very rare situations be necessary for the Regulator to exercise its powers to wind up a scheme, and the Regulator is generally unlikely to make a section 11 order without a compelling case being presented to it. Alternatively, it may, in exceptional circumstances, be necessary to apply to the court for directions to wind up a scheme...

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Web page updated on 21/05/2026

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