The Pensions Regulator's Code of Practice

The Pensions Regulator's Code of Practice provides organizations with guidance to ensure the proper administration and regulation of workplace pension schemes. It outlines best practices for governance, risk management, and member protection, emphasizing transparency, compliance, and accountability. The code aims to help trustees and employers understand their responsibilities, promote high standards, and reduce the risk of mismanagement or fraud in pension schemes. It acts as a practical framework to support the effective and secure operation of pensions, ensuring members’ benefits are protected and the scheme adheres to legal and regulatory requirements.