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The Pensions Dashboards Regulations 2022

Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Pensions Dashboards Regulations 2022 No. 1220

  1. Introductory Text

  2. PART 1 General

    1. 1.Citation, commencement and extent

    2. 2.Interpretation

    3. 3.Application

    4. 4.Dashboards Available Point

    5. 5.Oversight of standards

  3. PART 2 Prescribed requirements for qualifying pensions dashboard services

    1. 6.Qualifying pensions dashboard services

    2. 7.Cooperation - providers

    3. 8.Connection and functionality

    4. 9.View data

    5. 10.State pension information

    6. 11.Operational information and reporting

    7. 12.Information on making a complaint

    8. 13.Enabling auditing

  4. PART 3 Requirements relating to trustees or managers of relevant occupational pension schemes

    1. CHAPTER 1 Requirements relating to cooperation and connection

      1. 14.Cooperation - trustees or managers

      2. 15.Connection according to the staging profile

      3. 16.Early or voluntary connection

      4. 17.Deferred connection

      5. 18.Connection where the staging profile does not apply

      6. 19.Connection where these Regulations cease to apply and then apply again

      7. 20.Connection affected by an assessment period

      8. 21.Notification of disconnection

    2. CHAPTER 2 Requirements following connection of a pension scheme

      1. 22.Requirements relating to the provision of pensions information

      2. 23.Find requests, matching, pension identifiers and view requests

      3. 24.Administrative data

      4. 25.Signpost data

      5. 26.Value data

      6. 27.Contextual information

      7. 28.Operational information and reporting

  5. PART 4 Compliance and enforcement

    1. 29.Compliance notices

    2. 30.Third party compliance notices

    3. 31.Penalty notices

    4. 32.Penalty notices: recovery

    5. 33.Penalty notices: recovery from bodies corporate and Scottish partnerships

    6. 34.Review of notices

    7. 35.References to the First-tier Tribunal or Upper Tribunal

  6. PART 5 Disclosure of information

    1. 36.Disclosure of information

  7. Signature

    1. SCHEDULE 1

      Interpretation

    2. SCHEDULE 2

      Staging profile

      1. PART 1 Large schemes

      2. PART 2 Medium schemes

    3. SCHEDULE 3

      Value data

      1. PART 1 Value data requirements

        1. 1.(1) For members with money purchase benefits other than collective...

        2. 2.(1) For members with benefits that are not money purchase...

        3. 3.(1) For members with cash balance benefits, trustees or managers...

        4. 4.For members with collective money purchase benefits, trustees or managers...

        5. 5.For members with hybrid benefits, trustees or managers of the...

        6. 6.In this Schedule— (a) references to deferred members are to...

      2. PART 2 Exemption from certain projected value data requirements

        1. 7.(1) In respect of members with— (a) money purchase benefits...

  9. Explanatory Note

Yn ôl i’r brig

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