- TPR seeks views on how it will apply new Contribution Notice tests
- What is the background to the consultation?
- What is being proposed and why? What are the key changes to the draft code?
- What are the implications for pension schemes?
- What happens next?
Pensions analysis: The Pensions Regulator (TPR) has launched a consultation on changes to its Code of Practice 12 following the introduction, by the Pension Schemes Act 2021 (PSA 2021), of new tests in relation to its Contribution Notice (CN) power. Stephen Richards and Chris Edwards-Earl of Stephenson Harwood comment on TPR’s consultation.
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