13 Improvement notices
Pensions Act 2004 (2004 c 35) | Legislation

New powers in respect of occupational and personal pension schemes

13  Improvement notices

(1)     If the Regulator is of the opinion that a person—

(a)     is contravening one or more provisions of the pensions legislation, or

(b)     has contravened one or more of those provisions in circumstances that make it likely that the contravention will continue or be repeated,

it may issue a notice (an “improvement notice”) to that person directing him to take, or refrain from taking, such steps as are specified in the notice in order to remedy or prevent a recurrence of the contravention.

(2)     An improvement notice must—

(a)     state that the Regulator is of that opinion and specify the provision or provisions of the pensions legislation in question,

(b)     contain a statement of the

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