Regulations made by the Department for Communities and laid before the Assembly under section 51(3) and (4)(e) of the Pensions Act (Northern Ireland) 2015 for approval of the Assembly before the expiration of six months from the date of their coming into operation
2022 No. 216
The Occupational Pension Schemes (Governance and Registration) (Amendment) Regulations (Northern Ireland) 2022 (revoked)F1
Made
Coming into operation
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F1PART 1Introductory provisions
Citation and commencementF11
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F1PART 2Use of fiduciary management services and investment consultancy services
Amendment of the Occupational Pension Schemes (Scheme Administration) RegulationsF12
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F1PART 3Registrable information
Amendment of the Register of Occupational and Personal Pension Schemes RegulationsF13
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F1SCHEDULESchedule to be added to the Occupational Pension Schemes (Scheme Administration) Regulations (Northern Ireland) 1997
F1SCHEDULEDuties of trustees of relevant trust schemes in connection with provision of FM services
F1PART 1Introductory
ScopeF11
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General interpretationF12
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Meaning of “FM provider”, “in-scope FM provider”, “continuing in-scope FM provider”, “out-of-scope FM provider”, “manageable assets” and related expressionsF13
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The asset management thresholdF14
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Meaning of “qualifying tender process”F15
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F1PART 2Duties of trustees of relevant trust schemes which met the asset management threshold before the commencement date
Application of Part 2F16
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Duty of trustees to carry out a qualifying tender process in connection with continued use of continuing in-scope FM providersF17
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F1PART 3Duties of trustees of relevant trust schemes which meet the asset management threshold on or after the commencement date
Duty of trustees of a relevant scheme to carry out a qualifying tender process in connection with appointment, or change to the mandate, of an in-scope FM providerF18
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Duty of the trustees to carry out a qualifying tender process in respect of arrangements with existing FM providers not appointed following a relevant tender processF19
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Notification to FM providersF110
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Regulations revoked (30.3.2023) by The Occupational Pension Schemes (Governance and Registration) (Amendment) Regulations (Northern Ireland) 2023 (S.R. 2023/52), regs. 1, 4