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The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2023
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PART 7 Collective money purchase benefits – amendments to subordinate legislation
Systems and processes requirement
Collective money purchase benefits: amendments to subordinate legislation
1.Amendments to the Occupational Pension Schemes (Scheme Administration) Regulations
2.Amendment of the Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations
3.Amendments to the Occupational Pension Schemes (Charges and Governance) Regulations
4.(1) Regulation 2 (interpretation) is amended in accordance with sub-paragraphs...
5.In regulation 3(9) (default arrangement) after the definition of “relevant...
6.After regulation 3 insert— Qualifying collective money purchase schemes (1) A relevant scheme is a “qualifying collective money purchase...
8.(1) Regulation 4 (restrictions on charges) is amended in accordance...
9.In the heading to regulation 5 (prohibited charge structures) after...
10.After regulation 5 insert— Prohibited charge structures – qualifying collective...
11.In the heading to regulation 6 (limits on charges) after...
12.After regulation 6 insert— Limits on charges – qualifying collective...
13.In the heading to regulation 7 (assessment of charges) after...
14.After regulation 7 insert— Assessment of charges – qualifying collective...
15.In the heading to regulation 8 (alternative assessment of charges)...
16.After regulation 8 insert— Alternative assessment of charges – qualifying...
18.In regulation 10(1) (charge limits adjustment) after “relevant scheme” insert...
19.In regulation 11(5) (non-contributing members) in the definition of “relevant...
20.In regulation 11A (relevant information)— (a) in paragraph (1)—
21.In regulation 11B (relevant information) after paragraph (7) add—
22.In regulation 11C (member agreement for payments to advisers) for...
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