Part 5Miscellaneous

Miscellaneous provision relating to pensions

131Appointment of trustees

1

In section 7 of the Pensions Act 1995 (c. 26) (appointment of trustees), in subsection (3)—

a

for “necessary”, in the first place where it occurs, substitute “ reasonable ”;

b

omit “or” at the end of paragraph (b);

c

at the end insert

, or

d

otherwise to protect the interests of the generality of the members of the scheme.

2

In paragraph 9(b) of Schedule 2 to the Pensions Act 2004 (c. 35) (reserved regulatory functions), for “or (c)” substitute “ , (c) or (d) ”.