The Pensions Regulator

The code sets out the Pensions Regulator's view of what constitute reasonable periods within which:

• employers must provide managers with information (to enable them to monitor the payment of contributions);
• managers must notify the Pensions Regulator where an employer's failure to provide information prevents them from monitoring payment of contributions; and
• managers must report late payments of contributions to the Pensions Regulator and to employees where they are likely to be of material significance to the Regulator in the exercise of its functions.

The code also provides examples of circumstances in which managers should normally make a report to the Pensions Regulator and employees, and circumstances where it would not normally be necessary.