The Registered Pension Schemes (Provision of Information) Regulations 2006

Information provided by members to scheme administrators: recycling of lump sums

11A

Where a registered pension scheme is treated as making to a member of the scheme an unauthorised payment under paragraph 3A of Schedule 29 (recycling of lump sums), the member shall notify—

• (a) the date on which the unauthorised payment is treated as made, and

• (b) the amount of the payment,

to the scheme administrator within 30 days of the date on which the unauthorised payment is treated as made.

Information provided by members to scheme administrators: recycling of lump sums

11B

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Information about scheme administrator’s liability for a lifetime allowance charge

Provision of information about unauthorised payments

Information provided to members by scheme administrators about benefit crystallisation events

Information between scheme administrators

Pensions and annuities in payment: information provided to and by insurance companies

Payments to insurance companies from unsecured pension funds

Transfers between insurance companies

17A

• (1) This regulation applies if—

• (a) a scheme pension payable by an insurance company (“Insurer A”) ceases to be payable and another scheme pension becomes payable by another insurance company (“Insurer B”), in the circumstances described in regulation 4 of the Registered Pension Schemes (Transfer of Sums and Assets) Regulations 2006 (scheme pension payable by insurance company) (“the Transfer Regulations”); or

• (b) a lifetime annuity payable by an insurance company (“Insurer A”) ceases to be payable and a new lifetime annuity becomes payable by another insurance company (“Insurer B”), in the circumstances described in regulation 6 of the Transfer Regulations (lifetime annuity).

In the following provisions of this regulation “a relevant transfer” means a transfer which occurs in the circumstances described in regulation 4 or 6 of the Transfer Regulations.

• (2) If in connection with a relevant transfer —

• (a) Insurer A transfers funds to Insurer B; and

• (b) Insurer A was required to provide a statement under regulation 16(3),

Insurer A shall provide Insurer B, within 3 months of the transfer, with a statement containing the information specified in regulation 16(3).

• (3) After the relevant transfer the obligation imposed by regulation 16(3) shall be that of Insurer B.

• (4) Where in connection with a relevant transfer Insurer A transfers funds to Insurer B, and Insurer A was required to provide a statement under regulation 17(3) or 17(6)—

• (a) if the statement was provided under regulation 17(3), Insurer A must provide Insurer B, within 3 months of the transfer, with a statement containing the information specified in regulation 17(3); or

• (b) if the statement was provided under regulation 17(6), Insurer A must provide Insurer B, within 3 months of the transfer, with a statement containing the information specified in regulation 17(7).

• (5) Where paragraph (4)(a) applies, after the relevant transfer the obligation imposed by regulation 17(3) shall be that of Insurer B.

But no statement is required if the percentage expended is nil.

• (6) Where paragraph (4)(b) applies, after the relevant transfer the obligation imposed by regulation 17(6) shall be that of Insurer B.

Unauthorised borrowing: Provision of information by scheme administrator to the Commissioners

5A

• (1) Where a registered pension scheme is treated as having made a scheme chargeable payment (“the payment”) by virtue of sections 183 (effect of unauthorised borrowing: money purchase arrangements) or 185 (effect of unauthorised borrowing: other arrangements), the scheme administrator shall provide the information specified in paragraph (2).

• (2) The information required is—

• (a) the name and pension scheme tax reference number of the scheme that is treated as making the payment;

• (b) the name and address of the scheme administrator;

• (c) the tax year in which the payment is treated as having been made; and

• (d) the aggregate amount of payments treated as having been made by the scheme during that tax year.

• (3) This information shall be provided to the Commissioners in an annual written report delivered at any time which falls—

• (a) after the end of the tax year in which the payment is treated as having been made, but

• (b) no later than the 31st January following that tax year.

Scheme administration

Percentage of standard lifetime allowance expended on the happening of a benefit crystallisation event

Death: provision of information by scheme administrator to personal representatives

Death: provision of information by insurance company to personal representatives

Death: provision of information by personal representatives to the Commissioners

Information provided by member to scheme administrator: enhanced lifetime allowance

Information provided by members to scheme administrators: recycling of lump sums

Information about scheme administrator’s liability for a lifetime allowance charge

Provision of information about unauthorised payments

Information provided to members by scheme administrators about benefit crystallisation events

Information between scheme administrators

Pensions and annuities in payment: information provided to and by insurance companies

Payments to insurance companies from unsecured pension funds

Transfers between insurance companies

Information provided by individuals to scheme administrator: national insurance number

11C

• (1) Paragraph (2) applies where a scheme administrator needs an individual’s national insurance number or to obtain an alternative number in respect of an individual in order to complete an event report , other than an event report in respect of reportable event 9, or a return under section 254.

• (2) The individual must provide the scheme administrator with the national insurance number or the information described in paragraph (3), as appropriate, within 60 days of the date on which the scheme administrator requests the individual to provide the information.

• (3) If the individual does not qualify for a national insurance number the individual must provide the scheme administrator with confirmation of this in writing, together with the individual’s date of birth and address.

Information about scheme administrator’s liability for a lifetime allowance charge

Provision of information about unauthorised payments

Information provided to members by scheme administrators about benefit crystallisation events

Information between scheme administrators

Pensions and annuities in payment: information provided to and by insurance companies

Payments to insurance companies from unsecured pension funds

Transfers between insurance companies

Minimum income requirement: provision of information by scheme administrator to the Commissioners for the tax year 2011-12

5B

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Scheme administration

Percentage of standard lifetime allowance expended on the happening of a benefit crystallisation event

Death: provision of information by scheme administrator to personal representatives

Death: provision of information by insurance company to personal representatives

Death: provision of information by personal representatives to the Commissioners

Information provided by member to scheme administrator: enhanced lifetime allowance, enhanced protection , fixed protection , fixed protection 2014 , individual protection 2014 , fixed protection 2016 or individual protection 2016

Information provided by members to scheme administrators: pension commencement lump sums

Information provided by individuals to scheme administrator: national insurance number

Information about scheme administrator’s liability for a lifetime allowance charge

Provision of information about unauthorised payments

Information provided to members by scheme administrators about benefit crystallisation events

Annual allowance: annual provision of information by scheme administrator to member

14A

• (1) Where—

• (a) an individual is a member (“the member”) of a registered pension scheme for all or part of a pension input period ending in a tax year (“the relevant pension input period”) who meets one of the conditions in paragraph (8), and

• (b) either—

• (i) the aggregate of the pension input amounts for the relevant pension input period in respect of each arrangement under the registered pension scheme relating to the member exceeds the annual allowance for that tax year, or

• (ii) both of the conditions in paragraph (9) are met,

the scheme administrator must provide the member with a statement containing the information specified in paragraph (10) if the condition in sub-paragraph (b)(ii) is met but otherwise containing the information specified in paragraph (2) (the “pension savings statement”).

• (1A) For the tax year 2015-16—

• (a) for the purposes of this regulation the pre-alignment and post-alignment tax years are treated as a single tax year and references to “tax year”, “the relevant tax year” and “the relevant pension input period” shall be construed accordingly,

• (b) without prejudice to sub-paragraph (a), the condition in paragraph (1)(b)(i) is satisfied if the aggregate of the pension input amounts for the tax year 2015-16 exceeds £80,000, or the aggregate of the pension input amounts for the post-alignment tax year exceeds £40,000,

• (c) without prejudice to sub-paragraph (a), the information required to be provided pursuant to paragraphs (2)(a), (2)(c), (10)(a), (10)(b), (10)(c) and (10)(f) must be provided separately for the pre-alignment and post-alignment tax years,

• (d) paragraphs (2)(b) , (10)(d) and (10)(e) do not apply, and

• (e) the annual allowance for that tax year is excluded from the information required to be provided pursuant to paragraph (2)(d), ...

• (f) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

• (2) The information is—

• (a) the aggregate of the pension input amounts for the relevant pension input period in respect of all the arrangements under the registered pension scheme relating to the member (see section 152),

• (b) the annual allowance for the tax year in which the relevant pension input period ends (“the relevant tax year”),

• (c) the aggregate of the pension input amounts in respect of all the arrangements under the registered pension scheme relating to the member for each of the pension input periods ending in the three tax years immediately preceding the relevant tax year (subject to paragraph (3)), and

• (d) the annual allowance for each of the three preceding tax years or where one or more of the three preceding tax years is the 2008-09, 2009-10 or 2010-11 tax year, the assumed annual allowance for that tax year pursuant to paragraph 30(3)(a) of Schedule 17 to the Finance Act 2011.

• (3) Where a pension input period in paragraph (2)(c) ends in the 2008-09, 2009-10 or 2010-11 tax year, the pension input amount for that pension input period must be determined on the basis that the assumptions in paragraph 30(3)(b) of Schedule 17 to the Finance Act 2011 apply to that pension input period.

• (4) The scheme administrator must provide the member with the pension savings statement no later than the 6th October following the relevant tax year. This paragraph is subject to paragraphs (5) , (6) and (6C).

• (5) Where the relevant tax year is 2011-12, the scheme administrator must provide the member with the pension savings statement for that year no later than 6th October 2013.

• (6) Where the scheme administrator has not been provided with the information concerning the member by the member’s employer in respect of the relevant pension input period pursuant to regulation 15A, the scheme administrator must provide the pension savings statement—

• (a) within 3 months following receipt of that information, or

• (b) if later, on or before the date specified in paragraph (4) or (where the relevant tax year is 2011-12) paragraph (5).

• (6A) This paragraph applies where—

• (a) the scheme administrator has been provided with additional information concerning the member by the member’s employer in respect of the relevant pension input period pursuant to regulation 15B, and

• (b) the conditions in paragraph (1)(a) and (b) are met.

• (6B) This paragraph applies where —

• (a) a change is made to scheme rules,

• (b) as a result of the change to scheme rules the aggregate of the member’s pension input amounts has changed in a pension input period, and

• (c) the conditions in paragraph (1)(a) and (b) are met.

• (6C) Where paragraph (6A) or (6B) applies, the scheme administrator must provide the member with a pension savings statement for a pension input period falling within the relevant time—

• (a) within 3 months after the scheme administrator receives the additional information pursuant to regulation 15B or the change to scheme rules is made, or

• (b) if later, on or before the date specified in paragraph (4),

irrespective of whether a pension savings statement has previously been provided for the relevant tax year.

• (6D) In this regulation “relevant time” means a time beginning with the start of the tax year 6 years before the current tax year and ending with the end of the current tax year.

• (6E) In this regulation, “current tax year” means the tax year in which the condition in paragraph (6A)(a) or (6B)(a) is met.

• (7) Where—

• (a) the member meets the conditions in paragraph (1)(a) and (b), and

• (b) paragraph 28 of Schedule 17 to the Finance Act 2011 applies (provision for a straddling pension input period),

the scheme administrator must provide the member with a pension savings statement containing the pension input amount in respect of the pre-announcement period and post-announcement period in addition to the information specified in paragraph (2).

• (8) The conditions referred to in paragraph (1)(a) are as follows.

• (9) The conditions referred to in paragraph (1)(b)(ii) are as follows.

• Condition D The scheme administrator has reason to believe that the member has first flexibly accessed pension rights for the purposes of sections 227B to 227F.

• Condition E That the overall total of the following amounts is more than £10,000—for each money purchase arrangement relating to the member under the scheme, the pension input amount for the relevant pension input period in respect of the arrangement, andfor each hybrid arrangement relating to the member under the scheme, the greater of such of input amounts A and B mentioned in section 237 as are, for the purposes of section 237, relevant input amounts for the relevant pension input period in the case of the arrangement.

• (10) The information is—

• (a) the total of—

• (i) the pension input amounts for the relevant pension input period in respect of each money purchase arrangement relating to the member under the scheme, and

• (ii) the pension input amounts for the relevant pension input period in respect of each hybrid arrangement under the scheme—

• (aa) that relates to the member, and

• (bb) for which the pension input amount for the relevant pension input period is input amount A or B mentioned in section 237,

• (b) the total of—

• (i) the pension input amounts for the relevant pension input period in respect of each defined benefits arrangement relating to the member under the scheme, and

• (ii) the pension input amounts for the relevant pension input period in respect of each hybrid arrangement under the scheme—

• (aa) that relates to the member,

• (bb) for which the pension input amount for the relevant pension input period is input amount C mentioned in section 237, and

• (cc) that is made before 14 October 2014 and has not become a hybrid arrangement (whether or not for the first time) on or after that day,

• (c) for each hybrid arrangement relating to the member under the scheme—

• (i) that is made on or after 14 October 2014 or has become a hybrid arrangement (whether or not for the first time) on or after that day, and

• (ii) for which the pension input amount for the relevant pension input period is input amount C mentioned in section 237,

which of input amounts A, B and C mentioned in section 237 is a relevant input amount for the purposes of section 237 for the relevant pension input period in the case of the arrangement, and the amount of each of those input amounts that in the case of the arrangement is a relevant input amount for those purposes for that period,

• (d) the unadjusted alternative annual allowance for the relevant tax year, and the fact the member's money-purchase input sub-total for the relevant tax year will be tested against a £10,000 allowance,

• (e)

• (i) the unadjusted alternative allowance for each of the three preceding tax years, and the fact that the member's money purchase input sub-total for each of those preceding years will be tested against—

• (aa) a £4,000 allowance for the tax year 2017-18 and subsequent years,

• (bb) a £10,000 allowance for the tax year 2016-17, or

• (ii) if any of those preceding years is the tax year 2014-15 or earlier, the annual allowance for that year, and

• (f) for each of those three preceding years, the information given in the pension savings statement for the pension input period ending in that year under, as the case may be, sub-paragraphs (a) to (c) or paragraph (2)(a).

• (11) If, in the case of a hybrid arrangement, input amount C mentioned in section 237—

• (a) is a relevant input amount for the purposes of section 237 for the relevant pension input period, and

• (b) is equal to—

• (i) input amount A or B mentioned in section 237 if that is the only other relevant input amount for the purposes of section 237 for that period, or

• (ii) the greater of input amounts A and B mentioned in section 237 if both are relevant input amounts for the purposes of section 237 for that period,

the pension input amount in respect of the arrangement for that period is, for the purposes of paragraph (10), treated as being input amount A or B or, as the case may be, the greater of input amounts A and B (and, in either case, not input amount C).

• (12) In paragraph (10)(d) and (e) “the unadjusted alternative annual allowance”, in relation to a tax year, means the amount that would be the member's alternative annual allowance under section 227B(2) for that tax year if any increases under section 228A(2) (carry forward of unused allowance from preceding 3 years) and any reductions under section 228ZA (tapered reduction of annual allowance: high-income individual) are ignored.

Condition AThe individual is an active member of the registered pension scheme referred to in paragraph (1)

Condition BThe individual is a deferred member of the registered pension scheme referred to in paragraph (1) in relation to a cash balance arrangement and the condition in section 230(5B)(b) (cash balance arrangements) is not met in respect of the pension input amount for the relevant pension input period.

Condition CThe individual is a deferred member of the registered pension scheme referred to in paragraph (1) in relation to a defined benefits arrangement and the condition in section 234(5B)(b) (defined balance arrangements) is not met in respect of the pension input amount for the relevant pension input period.

Annual allowance: provision of information by scheme administrator to member on request

14B

• (1) Where a member or former member (“the member”) of a registered pension scheme makes a written request to the scheme administrator of that scheme for any such information in respect of a pension input period ending in a tax year (“the relevant pension input period”) as is referred to in regulation 14A(2), (7) or (10), the scheme administrator must provide the member with the information requested—

• (a) within 3 months following receipt of the request, or

• (b) if later, on or before 6th October following the tax year (“the relevant tax year”) in which the relevant pension input period ended.

This paragraph is subject to paragraphs (2) and (3).

• (2) Where the relevant tax year is 2011-12, the scheme administrator must provide the member with the information requested under paragraph (1) for that tax year no later than 6th October 2013.

• (3) Where the scheme administrator has not been provided with the information concerning the member by the member’s employer in respect of the relevant pension input period pursuant to regulation 15A (“the regulation 15A information”), the scheme administrator must provide the information requested under paragraph (1)—

• (a) within 3 months following receipt of the regulation 15A information, or

• (b) if later, on or before—

• (i) 6th October following the relevant tax year, or

• (ii) where the relevant tax year is 2011-12, the 6th October 2013.

Information between scheme administrators

Annual allowance: information to be provided to scheme administrators by certain persons

15A

• (1) Where—

• (a) an employer is a sponsoring employer of a registered pension scheme, and

• (b) an employee of that employer or a director is an active member of that scheme in relation to an arrangement under the scheme (“the arrangement”) for all or part of a pension input period ending in a tax year,

the employer must provide to the scheme administrator such information as will enable the scheme administrator to calculate the pension input amount in respect of the arrangement for the pension input period ending in that tax year.

• (2) The information must be provided to the scheme administrator no later than the 6th July following the tax year in which the pension input period ends. This paragraph is subject to paragraph (3).

• (3) Where the pension input period ends in the tax year 2011-12, the employer must provide the information relating to the pension input period no later than 6th July 2013.

• (4) The employer must provide to the scheme administrator such information as will enable the scheme administrator to calculate the pension input amount for any of the pension input periods ending in the tax years 2008-09, 2009-10 and 2010-11, within 3 months following receipt of a written request from the scheme administrator or (if later) on or before 6th July 2013.

• (5) Where—

• (a) regulation 14A(7) applies to a scheme administrator (obligation to provide information to a member where there is a straddling pension input period), and

• (b) a written request is made by the scheme administrator to the employer,

the employer must provide the scheme administrator with such information as will enable the scheme administrator to comply with the obligation contained in regulation 14A(7), such information to be supplied within three months of receipt of the written request or, (if later) on or before 6th July 2013.

• (6) The obligations contained in this regulation shall apply to a responsible person (see paragraph (7)) and for the purposes of applying this regulation to the responsible person, references to “employer” shall be read as referring to the responsible person.

• (7) For the purposes of this regulation “responsible person” means a person who is responsible for providing the scheme administrator of a registered pension scheme with such information as will enable the scheme administrator to calculate the pension input amount in respect of a member where the member is an active member of that scheme in relation to an arrangement under the scheme for all or part of a pension input period ending in a tax year.

Pensions and annuities in payment: information provided to and by insurance companies

Payments to insurance companies from drawdown pension funds

Transfers between insurance companies

Information provided by members to scheme administrators: recycling of lump sums

11BA

• (1) Paragraph (2) applies where a member of a registered pension scheme makes a request to the scheme administrator to make a recognised transfer (“transfer request”) in respect of a qualifying recognised overseas pension scheme.

• (2) The member must provide to the scheme administrator—

• (a) the member’s—

• (i) name;

• (ii) date of birth;

• (iii) principal residential address and, where that address is not in the United Kingdom, the member’s last principal residential address in the United Kingdom;

• (iiia) if the member is no longer resident in the United Kingdom, the date that the residence ceased;

• (iv) national insurance number or, where applicable, confirmation in writing that the member does not qualify for a national insurance number;

• (v) telephone number, if any, which the member provides for use by the scheme administrator or the Commissioners in relation to the scheme;

• (vi) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

• (vii) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

• (aa) the name and address of, and (if known) the reference number given by the Commissioners for, the qualifying recognised overseas pension scheme (“the QROPS”);

• (ab) the country or territory under the law of which the QROPS is established and regulated;

• (ac) whether the member knows for certain that the transfer would be excluded from the overseas transfer charge by one of sections 244D, 244E and 244F, and if the member does know that for certain—

• (i) the section concerned (if known),

• (ii) the name and address of the member's employer whose connection with the QROPS gives rise to exclusion of the transfer from the charge,

• (iii) the member's job title as an employee of that employer,

• (iv) the date the member's employment with that employer began, and

• (v) if known, that employer's tax reference for that employment;

• (ad) a statement of the nature and transferred value of any transfers that have previously been made in relation to the member—

• (i) from any registered pension scheme or relieved relevant non-UK scheme of which the member is, or was at any time after 6 April 2006, a member, and

• (ii) to a qualifying recognised overseas pension scheme.

• (ae) a statement of the amount of the member’s overseas transfer allowance that is available on the making of the transfer;

• (b) the member’s acknowledgement in writing that the member is aware that a transfer other than a recognised transfer to a qualifying recognised overseas pension scheme of sums or assets held for the purposes of, or representing accrued rights under, an arrangement under a registered pension scheme—

• (i) gives rise to a liability under section 208 (unauthorised payments charge); and

• (ii) may give rise to a liability under section 209 (unauthorised payments surcharge) ; and

• (c) the member's acknowledgement in writing that the member—

• (i) is aware that a recognised transfer to a qualifying recognised overseas pension scheme may give rise to a liability to overseas transfer charge, and

• (ii) is aware of the circumstances in which liability arises, in which liability is excluded from the outset and in which liability is excluded only if conditions continue to be met over a period of time.

• (3) The information specified in paragraph (2) must be provided within 60 days beginning with the day of the transfer request.

• (4) The scheme administrator must send the member notification of the requirements specified in this regulation within 30 days beginning with the day of the transfer request.

Information provided by individuals to scheme administrator: national insurance number

Information about scheme administrator’s liability for a lifetime allowance charge

Provision of information about unauthorised payments

Information provided to members by scheme administrators about benefit crystallisation events

Annual allowance: annual provision of information by scheme administrator to member

Annual allowance: provision of information by scheme administrator to member on request

Information between scheme administrators

Annual allowance: information to be provided to scheme administrators by certain persons

Pensions and annuities in payment: information provided to and by insurance companies

Payments to insurance companies from drawdown pension funds

Transfers between insurance companies

...

Lump sums to which paragraph 1B of Schedule 29 applies

19

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Lump sums to which paragraph 1B of Schedule 29 fails to apply

20

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Information provided to member by scheme administrator where it appears member may be first flexibly accessing pension rights

14ZA

• (1) If a relevant event (see paragraph (2)) occurs in relation to a member of a registered pension scheme, the scheme administrator—

• (a) must provide the member with a statement—

• (i) stating the date of the relevant event, and

• (ii) explaining the matters specified in paragraph (3), and

• (b) must do so before the end of the 31 days beginning with the date of the relevant event,

but this is subject to paragraph (4).

• (2) For the purposes of this regulation—

• (a) if—

• (i) the member has a member's flexi-access drawdown fund in respect of an arrangement under the scheme, and

• (ii) the fund came into being as a result of sums or assets being designated on or after 6 April 2015 as available for the payment of drawdown pension, or as a result of the operation of paragraph 8D(2) of Schedule 28,

a relevant event occurs when a qualifying payment is made to the member from the fund,

• (b) if—

• (i) the member has a member's drawdown pension fund in respect of an arrangement under the scheme, and

• (ii) the sums and assets that make up the fund become newly-designated funds by the operation of paragraph 8B of Schedule 28,

a relevant event occurs when a qualifying payment is made to the member from the member's flexi-access drawdown fund in respect of the arrangement,

• (c) a relevant event occurs when an uncrystallised funds pension lump sum is paid to the member by the scheme,