RPSM12301420 - Scheme Administrator Pages: Information Requirements and Administration: Information the scheme administrator is required to give to HMRC: The Registered Pension Scheme Return

The Registered Pension Scheme Return

Information to be provided

The information that may be requested under Section 250 Finance Act 2004 is any information relating to

• contributions made under the pension scheme
• transfers of sums or assets held for the purposes of, or representing accrued rights under, another pension scheme so as to become held for the purposes of, or to represent rights under, the pension scheme
• income and gains derived from investments or deposits held for the purposes of the pension scheme
• other receipts of the pension scheme
• the sums and other assets held for the purposes of the pension scheme
• the liabilities of the pension scheme
• the provision of benefits by the pension scheme
• transfers of sums or assets held for the purposes of, or representing accrued rights under, the pension scheme so as to become held for the purposes of, or to represent rights under, another pension scheme
• other expenditure of the pension scheme
• the membership of the pension scheme, or
• any other matter relating to the administration of the pension scheme.

The requested information may be restricted to a particular arrangement or arrangements under the pension scheme.

Period covered by the return

The period to be covered by the return may be

• the whole of the tax year
• any part of the tax year
• the period/s covered by any audited accounts of the pension scheme, if such accounts have been prepared for any period/s ending in the tax year.

Who can audit accounts of a registered pension scheme?

Anyone who is eligible for appointment as a scheme auditor under section 47(1) of the Pensions Act 1995 or Article 47(1) of the Pensions (Northern Ireland) Order 1995, and any person specified in section 25 of the Companies Act 1989 or Article 28 of the Companies (Northern Ireland) Order 1995 qualify to audit accounts of a registered pension scheme, subject to the following conditions.

A person falling into one of the above categories shall not be a registered pension scheme's auditor if he is

• a member of the scheme
• employed under a contract of service by the scheme administrator
• an employer in relation to the scheme, or
• ineligible by virtue of section 27 of the Companies Act 1989 to audit the accounts of a company which is an employer in relation to the scheme.