Pensions regulator inspections
How to be prepared for when The Pensions Regulator (TPR) pays a visit and carries out an inspection.
Why the regulator makes these inspections
As the UK’s regulator for workplace pensions, it’s TPR’s role to check that you’re complying with your workplace pension duties and any other legal requirements, such as paying contributions on time.
They’ll normally ask for evidence of this during an inspection, and, unless it’s an unannounced inspection, you’ll normally be sent a written ‘Notice of Inspection’ containing the information and documents that you’ll need to provide the inspector with.
What might the regulator ask to see?
The regulator may request to see some of the following:
- Copies of opt-out notices
- Copies of opt-in and joining notices
- Evidence of enrolment into a relevant pension scheme
- Evidence of contributions paid
- Any other relevant records about your workforce
By managing your workplace pension scheme through us, you’ll already have most of the information that TPR may ask for.
What happens after an inspection?
Once you’ve had your inspection, TPR will then review the information that you’ve provided and may make further enquiries.
They’ll aim to contact you within 4 weeks of the inspection to confirm whether they’re satisfied with how the inspection went or whether they need additional information.
