Notification of insolvency for an employer that contributes to a UK registered
pension scheme (s120 Notice)
This service is for Insolvency Practitioners or others belonging to insolvency practitioner
firms to give details of a corporate insolvency, where required under section 120
of the Pensions Act 2004. Insolvencies notified using this service should be for
employers where there is evidence of an occupational pension scheme related to that
employer. Note that only details of the employer and the Insolvency Practitioners
need to be submitted with the form; the details of the underlying pension schemes
will be held by the PPF and the Pensions Regulator and need not be supplied. All
communications of the section 120 notice to the scheme trustee(s) and the Regulator
will be carried out by the PPF.
Single Point of Notification: On submission of a s120 notification
using this online service, the notification will be received by the PPF who will
then transmit the information to the Pensions Regulator and the trustees of any
occupational pension schemes, that the PPF and the Regulator have been advised to
be associated with that employer.
Therefore, both the PPF and the Regulator deem that
Insolvency Practitioners or their representatives submitting notifications of insolvencies
using this service are meeting their statutory obligations as required under section
120 of the Pensions Act 2004.