(1)Regulations may require employers to take action for the purpose of enabling employees to obtain information and advice about pensions and saving for retirement.
(2)Regulations under subsection (1) may in particular—
(a)provide that they are to apply in relation to employers of a prescribed description and employees of a prescribed description;
(b)make different provision for different descriptions of employers and employees;
(c)make provision as to the action to be taken by employers (including the frequency at which, and the time and place at which, action is to be taken);
(d)make provision as to the description of information and advice in relation to which requirements apply;
(e)make provision about the description of person authorised to provide any such information and advice.
(3)Employers to whom regulations under subsection (1) apply must provide information to the Regulator about the action taken by them for the purpose of complying with the regulations.
(4)Regulations may make provision as to—
(a)the information to be provided under subsection (3);
(b)the form and manner in which the information is to be provided;
(c)the period within which the information is to be provided.
(5)Section 10 of the Pensions Act 1995 (c. 26) (civil penalties) applies to any person who, without reasonable excuse, fails to comply with subsection (3).
(6)In this section “employer” means any employer, whether or not resident or incorporated in any part of the United Kingdom.