A document issued by the UK Pensions Regulator in addition to a Code of Practice, but of less weight, where there is a need to explain:
- what the law requires;
- the responsibilities of particular groups and how they can meet those responsibilities;
- changes to the law; and
- the Pension Regulator’s approach on a particular matter.
It is not a statement of law and, unlike Codes of Practice, courts and tribunals will not take it into account.