Part 1: Collective Money Purchase Benefits Publication of information Section 46: Publication of information
This section allows regulations to set out in detail what information trustees of collective money purchase schemes will be required to publish. This is intended to engender trust and enable transparency to ensure a clear understanding of the soundness of the scheme design, how the scheme is working and how members’ interests are to be protected. Publication will allow for wider scrutiny, challenge and comparisons across similar schemes.
	Subsection (2) makes provision for other matters which can be included in the regulations. These include that information be made available free of charge and that information be provided in the form specified. The regulations may require or permit specified information to be excluded from the published information.
	Subsection (3) requires that trustees publishing information required by regulations made under subsection (1) must also have regard to any guidance prepared by the Secretary of State. The guidance will set out the manner the information should be published, any restrictions and how accessibility issues should be considered,
	A financial penalty under section 10 of the Pensions Act 1995 applies to a trustee who fails to take all reasonable steps to comply with this section (subsection (4)).