The Pensions Regulator’s powers to issue contribution notices and financial support directions (requiring payments or other support from companies and individuals, including those not employers in a defined benefit pension scheme) can be a great concern to all involved.
At Arc Pensions Law, we can explain the limits of the powers and how they might apply to you. With our help, you will be able to:
- understand when an advance approach to the Pensions Regulator will avoid later problems
- contact other parties (such as the trustees of the scheme) with a practical and proactive approach
- deal with any challenges from the Pensions Regulator, helping to allay their concerns
- apply for clearance, where appropriate, in an effective and time-efficient manner, and
- manage the relationship with other parties, including the Pensions Regulator, to steer any clearance application through to an effective conclusion.
At Arc Pensions Law, we do not believe that every concern requires an application for clearance. It is often simpler, cheaper and more practical to engage with other parties to deal with issues that the Regulator might want to raise. Our team of experts can help to approach deals with the Regulator’s concerns as clearly and succinctly as possible, keeping time and costs under control.