- Draft legislation
This is a draft item of legislation and has not yet been made as a UK Statutory Instrument. This draft has been replaced by a new draft, The Occupational Pension Schemes (Master Trusts) Regulations 2018 ISBN 978-0-11-117053-3
6. Whether there are systems and processes—
(a)for ensuring that trustees and the scheme strategist are properly informed about service providers, and appropriately involved in decisions about them;
(b)for establishing and recording that service providers are, and remain, fit and proper;
(c)for informing the trustees about the appointment, removal, roles and responsibilities of service providers;
(d)for informing the trustees of—
(i)any failure by service providers to deliver services;
(ii)any actions or omissions by service providers which may prejudice—
(aa)the effective running of the scheme, or
(bb)the ability to meet the objectives set out in the scheme’s business plan;
(e)for recording, maintaining and managing all documents relating to service providers in an accessible, intelligible and durable medium.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Draft Explanatory Memorandum sets out a brief statement of the purpose of a Draft Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Draft Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: