Monitoring pension contributions Q & A’s
The requirement for monitoring pension contributions
The Pensions Regulator requires trustees and managers of pension schemes to monitor contributions and identify underpayments or overpayments.
For this reason, Fidelity produces regular contributions monitoring reports to show any members whose expected and actual contributions differ by more than a pre-determined amount or percentage, known as the tolerance limit. The expected contribution rates and amounts used in the contributions monitoring report are based on the latest information in Fidelity’s records.
Please see some frequently asked questions below.