Improvement notice | Practical Law

Improvement notice | Practical Law

Improvement notice

Improvement notice

Practical Law UK Glossary 9-379-9279 (Approx. 2 pages)

Glossary

Improvement notice

Under section 13 of the Pensions Act 2004, the Pensions Regulator can issue an improvement notice to anyone involved in administering or advising a pension scheme, whose action or inaction has led to a contravention of pensions legislation. The notice can direct the person to take or refrain from taking specified steps within a defined period.