Pension Schemes Act 2026
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Change 1
12 Publication etc of metric data
(1) Categories of information prescribed under section 11(2)(c) may for example relate to— (a) the quality of services provided to members of the scheme or (as the case may be) arrangement; (b) classes of assets invested in; (c) investment performance; (d) costs incurred by the scheme or (as the case may be) arrangement; (e) charges on members or employers in relation to the scheme or (as the case may be) arrangement. (2) Value for money regulations made by virtue of section 11(2)(c) may— (a) specify time limits within which metric data in respect of a VFM period must be published or shared; (b) make provision about the form in which and the means by which metric data is to be published or shared; (c) require the published or shared information to deal separately with different cohorts of members of the scheme or (as the case may be) arrangement; (d) require a person appointed under the regulations to make available, for the publication or sharing of metric data, an electronic database (operated by that person); (e) require responsible trustees or managers, on publishing or sharing any information under regulations made by virtue of section 11(2)(c), to notify the Pensions Regulator— (i) of the publication of the information and where it is published, or (ii) (as the case requires) of the sharing of the information. (3) Value for money regulations made by virtue of section 11(2)(c) may require the Pensions Regulator to— (a) determine the form in which metric data must be published or shared, and (b) publish, or share with the Secretary of State and responsible trustees or managers, details of the form so determined.
12 Publication etc of metric data
(1) Categories of information prescribed under section 11(2)(c) may for example relate to— (a) the quality of services provided to members of the scheme or (as the case may be) arrangement; (b) classes of assets invested in; (c) investment performance; (d) costs incurred by the scheme or (as the case may be) arrangement; (e) charges on members or employers in relation to the scheme or (as the case may be) arrangement. (2) Value for money regulations made by virtue of section 11(2)(c) may— (a) specify time limits within which metric data in respect of a VFM period must be published or shared; (b) make provision about the form in which and the means by which metric data is to be published or shared; (c) require the published or shared information to deal separately with different cohorts of members of the scheme or (as the case may be) arrangement; (d) require a person appointed under the regulations to make available, for the publication or sharing of metric data, an electronic database (operated by that person); (e) require responsible trustees or managers, on publishing or sharing any information under regulations made by virtue of section 11(2)(c), to notify the Pensions Regulator— (i) of the publication of the information and where it is published, or (ii) (as the case requires) of the sharing of the information. (3) Value for money regulations made by virtue of section 11(2)(c) may require the Pensions Regulator to— (a) determine the form in which metric data must be published or shared, and (b) publish, or share with the Secretary of State and responsible trustees or managers, details of the form so determined.
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