SUP 16.24 Retirement income data reporting

1This section applies to:

1. (1)
   1. (a)

      a firm with permission to establish, operate or wind up a personal pension scheme or a stakeholder pension scheme; and

   2. (b)

      a firm with permission to effect or carry out contracts of insurance in relation to life and annuity contracts of insurance2.

2. (2)

   [deleted]3

1. (1)

   A firm must submit:

   1. (a)

      a retirement income flow data return half-yearly; and

   2. (b)

      a retirement income stock data and withdrawals flow data return annually;

   within 45 business days of the end of the relevant reporting period.

2. (2)

   The relevant reporting periods are as follows:

   1. (a)

      for retirement income flow data returns, the six month periods ending on 31 March and 30 September in each calendar year;

   2. (b)

      for retirement income stock data and withdrawals flow data returns, the twelve month period ending on 31 March in each calendar year.

3. (3)

   A firm must submit a nil return if there is no relevant data to report.

4. (4)

   A firm must submit its completed returns to the FCA online through the appropriate systems accessible from the FCA’s website using the forms set out in SUP 16 Annex 43AR.