- 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 This draft has been replaced by a new draft, The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 ISBN 978-0-348-23118-2
PART 7 Collective money purchase benefits – amendments to secondary legislation
Systems and processes requirement
Collective money purchase benefits: amendments to secondary legislation
1.Amendments to the Occupational Pension Schemes (Scheme Administration) Regulations 1996
2.Amendment of the Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations 2010
3.Amendments to the Occupational Pension Schemes (Charges and Governance) Regulations 2015
5.In regulation 3 (default arrangement), in paragraph (9), at the...
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 as follows....
9.In the heading to regulation 5 (prohibited charge structures), after...
10.After regulation 5 (prohibited charge structures), insert— Prohibited charge structures...
11.In the heading to regulation 6 (limits on charges), after...
12.After regulation 6 (limits on charges) insert— Limits on charges...
13.In the heading to regulation 7 (assessment of charges), after...
14.After regulation 7 (assessment of charges) insert— Assessment of charges...
15.In the heading to regulation 8 (alternative assessment of charges)...
16.After regulation 8 (alternative assessment of charges) insert— Alternative assessment...
17.(1) Regulation 9 (member agreement for services) is amended as...
18.In paragraph (1) of regulation 10 (charge limits adjustment), after...
19.In paragraph (5) of regulation 11 (non-contributing members), in the...
20.(1) Regulation 11A (payments to advisers) is amended as follows....
21.In regulation 11B (relevant information), after paragraph (7) insert—
22.For paragraph (5) of regulation 11C (member agreement for payments...
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