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Unit 2.2: The Pensions Regulator, Internal Controls and Disputes
Unit 2.2 covers oversight, both the trustees’ own and the regulator’s. It takes in the internal dispute resolution procedure a scheme has to operate and the route a member takes to the Pensions Ombudsman when the outcome does not satisfy them, the internal controls and administrative standards trustees are expected to maintain, and the role, objectives and powers of The Pensions Regulator, including its codes of practice and the situations in which trustees have to report to it. Knowing which body does what, and where a trustee’s own responsibility ends, is the point of this unit.
What’s in it.
3 topics- Topic 01
Disputes Resolution
Coming soon - Topic 02
Internal Controls and Sound Administration
Coming soon - Topic 03
The Pensions Regulator
Coming soon