2.—(1) The Pensions Regulator (Notifiable Events) Regulations 2005[footnote 2]are amended as follows.(2)In paragraph (2) of regulation 1 (citation, commencement and interpretation), at the appropriate places insert— ““assets”, in relation to the assets of an employer, does not include … See more 1. These Regulations may be cited as the Pensions Regulator (Notifiable Events) (Amendment)Regulations 2024, and will come into force on 6 April 2024. See more WebOct 5, 2024 · The draft regulations contain two new notifiable events; namely, a “decision in principle” by an employer with a DB scheme: to sell a material part of its business or assets , or to grant or extend a relevant security over its assets, where this would result in the secured creditor being ranked above the scheme in the debt priority order.
Notifiable events —scheme and employer-related events
WebApr 4, 2024 · The draft Pensions Regulator (Notifiable Events) (Amendment) Regulations 2024, which were expected to enter into force on 6 April 2024, now seem likely to … WebThe 2024 July edition of the DNV rules is now available at www.dnv.com. General informationNew and updated rules were formally approved on June 17th 2024 by … microwave with energy star
Pensions Bulletin - March 2024 - Slaughter and May Insights
WebSep 21, 2024 · The proposals, published in the draft Pensions Regulator (Notifiable Events) (Amendment) Regulations 2024 on 8 September, will require an employer to notify the pensions regulator if there is an intended sale of a material proportion of its business or assets, in respect of which a decision in principle has been reached. WebThe consultation includes proposed draft regulations (The Pensions Regulator (Notifiable Events) (Amendment) Regulations 2024) which would amend the notifiable events regime as follows: • remove the need for an employer to notify TPR if it receives advice that it is wrongfully trading. WebThe draft regulations make amendments to the 2005 regulations following the government’s response to its 2024 consultation “Protecting Defined Benefit Pension Schemes – A Stronger Pensions Regulator”. Changes to notifiable events. The draft regulations introduce two new notifiable events which will both be notifiable by the … microwave with easy buttons