Informing and consulting on pension scheme changes

Updating author: Zuraida Curtis

Summary

• Depending on their size, employers must provide information and carry out consultation where they are proposing certain changes to pension schemes. (See Informing and consulting on pension scheme changes overview and Application)
• Employers are required to inform and consult on "listed changes". (See Listed changes)
• Affected employees and their representatives must be provided with information on the proposed listed change. (See Information and consultation requirements)
• Consultation should be carried out in a "spirit of cooperation". (See Information and consultation requirements)
• Representatives and candidates for election are protected against dismissal or other detriment relating to their representative duties. (See Protection for representatives)
• Failure to comply with the requirements may result in a fine. (See Penalties)