Workplace Pensions

Treasury written question – answered on 23rd September 2021.

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Photo of Stephen Timms Stephen Timms Chair, Work and Pensions Committee, Chair, Work and Pensions Committee

To ask the Chancellor of the Exchequer, what changes HMRC made to the process for registering occupational pension schemes in (a) 2006 and (b) 2014; and what the reasons were for those changes .

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

HMRC is responsible for registering pension schemes where they wish to benefit from the tax reliefs available to pensions.

As a result of pension tax simplification, pension scheme registration was moved to a new online digital system in 2006.

As part of a wider government response to concerns surrounding pension scams, in 2014 legislation was introduced to enable HMRC to refuse registration where the scheme administrators were not considered to be fit and proper.

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