C1Part 1The Pensions Regulator

Annotations:
Modifications etc. (not altering text)
C1

Pt. 1 applied in part (with modifications) (20.7.2005 for specified purposes, 1.9.2005 for specified purposes, 5.12.2005 for specified purposes) by The Financial Assistance Scheme Regulations 2005 (S.I. 2005/1986), regs. 1(1), 4, Sch. 1 Pt. 1 (as amended (17.7.2008) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2008 (S.I. 2008/1903), regs. 1, 5(2), 13; (10.7.2009) by The Financial Assistance Scheme (Miscellaneous Provisions) Regulations 2009 (S.I. 2009/1851), regs. 1, 5, 18; (2.4.2010) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2010 (S.I. 2010/1149), regs. 1, 5, 15)

New powers in respect of occupational and personal pension schemes

14AF1Appointment of skilled person to assist public service pension scheme

1

The Regulator may, if it considers it desirable for the purpose of ensuring compliance with pensions legislation, appoint a person to assist the pension board of a public service pension scheme in the discharge of its functions.

2

A person appointed under this section may be any person appearing to the Regulator to have the necessary skills.

3

The pension board of a public service pension scheme must have regard to the advice of a person appointed under this section.

4

The costs of a person appointed under this section are to be met by the scheme manager of the scheme.

5

In subsection (1) “pensions legislation” has the same meaning as in section 13.