Occupational And Personal Pension Schemes (General) Regulations, 2011 (LI 1990)
Regulation 90
(1) For the purposes of section 167 (1) of the Act, the date for the submission of an annual report is the deadline after each financial period of a registered scheme.
(2) An annual report shall include
(a) a statement by the trustee indicating whether persons appointed or engaged as service providers for a scheme have complied with the obligations imposed on them with respect to the scheme and give particulars of the non-compliance and rectifications;
(b) a statement by the trustee of any events of a significant nature relating to the scheme that occurred during the relevant financial period which have not been reported to the Authority and specify the events;
(c) a statement as to whether or not the provisions of the Act and of the governing rules of the scheme have been complied with in all material respects in respect of the scheme during the relevant financial period and, if those provisions have not been complied with, give particulars of the failures to comply with those provisions;
(d) evidence that the trustee has and had in force for the relevant financial period, adequate insurance to indemnify scheme members against losses that may be incurred by members as a result of the administration of the scheme by the trustee or by a service provider appointed or engaged to provide services for the purposes of the scheme and, if the insurance was varied during that period, give particulars of the variation;
(e) a declaration that the trustee has, during the relevant financial period, supervised, and exercised proper control over service providers appointed or engaged for the purposes of the scheme; and
(f) any other information as may be prescribed by Guidelines.
(4) The annual report shall be signed
(a) by at least two directors of the company if the trustee is or includes a company; and
(b) by at least two persons, including the independent trustee if the trustee consists wholly of individual persons.
Procedure to Follow
Not Avaiable
Responsible Institution
National Pensions Regulatory Authority
SU Towers Accra
- Email: info@npra.gov.gh
- Website: npra.gov.gh
- GPS:
- Telephone: 0302968692
Relevant Forms to Download
Not Available
Online System
Link Unavailable
Fees/ charges
Not Avaiable
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