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Pension Schemes Act 2021

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Changes over time for: Cross Heading: Pensions Act 2014 (c. 19)

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Point in time view as at 01/08/2022.

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There are currently no known outstanding effects for the Pension Schemes Act 2021, Cross Heading: Pensions Act 2014 (c. 19). Help about Changes to Legislation

Pensions Act 2014 (c. 19)E+W+S

23E+W+SThe Pensions Act 2014 is amended as follows.

Commencement Information

I1Sch. 3 para. 23 in force at Royal Assent for specified purposes, see s. 131(3)(a)

I2Sch. 3 para. 23 in force at 13.12.2021 in so far as not already in force by S.I. 2021/1394, reg. 2(a)

24E+W+SIn section 54(2) (regulations subject to affirmative procedure), omit the “or” after paragraph (e) and at the end of paragraph (f) insert , or

(g)the first regulations under paragraph 1 or 3 of that Schedule that make provision in relation to collective money purchase schemes within the meaning of Part 1 of the Pension Schemes Act 2021 (see section 1 of that Act).

Commencement Information

I3Sch. 3 para. 24 in force at Royal Assent for specified purposes, see s. 131(3)(a)

I4Sch. 3 para. 24 in force at 13.12.2021 in so far as not already in force by S.I. 2021/1394, reg. 2(a)

25(1)Schedule 18 (power to restrict charges or impose requirements in relation to schemes) is amended as follows.E+W+S

(2)In paragraph 1(1) (power to restrict charges), in each of paragraphs (a) and (b), for “a member” substitute “ members ”.

(3)In paragraph 4 (interpretation), after sub-paragraph (2) insert—

(3)Where a pension scheme is divided into sections, each section that is a collective money purchase scheme for the purposes of Part 1 of the Pension Schemes Act 2021 (see section 1(2)(b) of that Act) is to be treated for the purposes of this Schedule as a separate scheme.

Commencement Information

I5Sch. 3 para. 25 in force at Royal Assent for specified purposes, see s. 131(3)(a)

I6Sch. 3 para. 25 in force at 13.12.2021 in so far as not already in force by S.I. 2021/1394, reg. 2(a)

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