They can use electronic or paper-filing systems to store records and they can use their existing business documentation, such as payroll records, to meet the requirements.
They can also authorise a 3rd party to keep records on their behalf however they will retain legal responsibility to ensure records are kept and must provide them to The Pensions Regulator (TPR) when requested.
|Who the record relates to||What record must be kept||How long it must be kept|
|Eligible jobholders who become members
Non-eligible jobholders who become members
Entitled workers who become members
|Additional information for eligible and non-eligible jobholders only||
|Additional information for entitled workers only||
|Type of pension scheme||What record must be kept||How long it must be kept|
|Personal pension scheme||
1 You can find further information on pay reference periods in the TPR detailed guidance on record keeping.