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Pensions Act 1995

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Changes over time for: Cross Heading: Miscellaneous

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Changes to legislation:

Pensions Act 1995, Cross Heading: Miscellaneous is up to date with all changes known to be in force on or before 25 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

MiscellaneousU.K.

147 Monitoring personal pension schemes.E+W+S

After section 33 of the M1Pension Schemes Act 1993 there is inserted—

33A Appropriate schemes: “Blowing the whistle”.

(1)If any person acting as an auditor or actuary of an appropriate scheme has reasonable cause to believe that—

(a)any requirement which, in the case of the scheme, is required by section 9(5)(a) to be satisfied is not satisfied, and

(b)the failure to satisfy the requirement is likely to be of material significance in the exercise by the Secretary of State of any of his functions relating to appropriate schemes,

that person must immediately give a written report of the matter to the Secretary of State.

(2)No duty to which a person acting as auditor or actuary of an appropriate scheme is subject shall be regarded as contravened merely because of any information or opinion contained in a written report under this section.

Commencement Information

I1S. 147 in force at 6.4.1997 in so far as not already in force by S.I. 1997/664, art. 2(3), Sch. Pt. 3

Marginal Citations

F1148 Earner employed in more than one employment.E+W+S

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Textual Amendments

F2149 Hybrid occupational pension schemes.E+W+S

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F3150 Dissolution of Occupational Pensions Board.U.K.

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Textual Amendments

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