Jurisdiction(s):
United Kingdom

Related legal acts

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...

UK pensions regulation: TPR and FCA roles, overlap and co-ordination (MoU, DC governance, DB to DC transfer protocol)

Published by a LexisNexis Pensions expert

Practice notes

Role of the pensions regulator

Statutory objectives

The Pensions Regulator’s core function is to meet the statutory objectives set out in section 5 of the Pensions Act 2004 (PeA 2004). These are:

to safeguard the benefits due to, or on behalf of, members of occupational pension schemes
to safeguard the benefits due to, or on behalf of, members of personal pension schemes who are:
- employees for whom there are 'direct payment arrangements' (defined below), and
- where the scheme is a stakeholder pension scheme, any other members
to reduce the likelihood of circumstances that could lead to compensation from the pension protection fund
for defined benefit scheme funding, to minimise any adverse effect on an employer’s sustainable growth
to maximise compliance with auto-enrolment duties (for further information on which, see Practice Note: Auto-enrolment—an introduction)
to promote, and improve understanding of, the good administration of 'work-based pension schemes', namely:
- an occupational pension scheme
- a personal pension scheme with 'direct payment arrangements' (defined below) for one or more employee members, or
- a stakeholder pension

...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Web page updated on 22/05/2026

Popular documents

Using the Judicial College Guidelines to assess general damages in personal injury claims

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Tomlin orders in England and Wales: CPR guidance on drafting, confidentiality, approval, variation, enforcement, limitation, CCA issues, court-specific requirements, sample wording and precedents

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Precedent: Deed of Surrender of Lease with Optional Premium, Settlement and Release, Landlord, Mortgagee and Guarantor Consents, Reimbursement and HM Land Registry Provisions (England and Wales)

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Precedent Statutory Declaration: Standard Wording under the Statutory Declarations Act 1835

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...