HMRC Scheme Reconciliation Service
01 August 2014
HM Revenue and Customs (HMRC) launched the Scheme Reconciliation Service in April 2014 to help pension scheme administrators and trustees reconcile their records for all non-active members against HMRC records in advance of the ending of contracting-out in April 2016. Although it's not compulsory for scheme administrators/trustees to use this service it is their responsibility to make sure records are accurate.
HMRC are now beginning to deal with the queries generated from the records they have already shared with pension schemes.
To allow HMRC to plan future resources scheme administrators interested in using this service should do so as soon as possible.
If your scheme has already registered for the service and received the requested data, HMRC will contact the pension scheme to confirm when this will be worked and the anticipated time it will take to raise any queries.
Please start discussions with your pension scheme administrators now to ensure they take action as detailed above.
More information on scheme reconciliation, how to make a request and the format the data will be provided in can be found here .