SolvedPTM160300 | Information and administration: essential principles: summary of scheme administrator information obligations
From HM Revenue & Customs · Pensions Tax Manual
Glossary PTM000001
The Registered Pension Schemes (Provision of Information) Regulations 2006 - SI 2006/567
Section 250 Finance Act 2004
The scheme administrator is required to retain records relating to the administration of the scheme, for example records of payment into and out of the scheme, for at least six tax years following the year to which the record relates. PTM160200 gives full details of the record keeping requirement.
The table below show the events where a scheme administrator has to provide information to another person.
Sometimes other persons are also obliged to provide information to the scheme administrator, this may be from
| To | Subject | PTM guidance |
|---|---|---|
| HMRC | Event Report | PTM161000 |
| HMRC | Accounting for Tax return (AFT) | PTM162000 |
| HMRC | Pension Scheme Return (PSR) | PTM163000 |
| HMRC | Scheme winding-up | PTM168000 |
| HMRC | Ceasing to be a scheme administrator | PTM168000 |
| HMRC | Unauthorised borrowing | PTM168000 |
| HMRC | Transfer to a QROPS | PTM103000 |
| Member | Pension savings statements | PTM167000 |
| Member | BCE statements | PTM164400 |
| Member | relevant BCE statements | PTM164600 |
| Member | Individual protection 2016 information | PTM164120 |
| Member | Benefits in kind - unauthorised payments | PTM168000 |
| Member | Flexible access statement | PTM166200 |
| Member | Transfer to a QROPS - notify member's information requirement | PTM103000 |
| Member | Transfer to a QROPs - transfer notice | PTM103050 |
| Member | Repayment of the overseas transfer charge due | PTM103050 |
| Member’s personal representatives/ receiving trust | Death benefits | PTM165100 and PTM165200 |
| Other scheme administrator | Transfer of crystallised rights | PTM109000 |
| Other scheme administrator | Transfer & reason to believe the member has flexibly accessed their pension rights | PTM166700 |
| QROPS scheme manager | Transfer & reason to believe the member has flexibly accessed their pension rights | PTM166700 |
| QROPS scheme manager | Transfer to a QROPS - transfer statement | PTM103050 |
| QROPS scheme manager | Repayment of overseas transfer charge | PTM103050 |
| Insurance company | Transfer of crystallised rights to an insurance company | PTM109000 |
Guidance on the operation of the relief at source system and information requirements is published on GOV.UK as follows: