PART IIU.K. SPECIFIED ACTIVITIES

Chapter XIIU.K.Advising on Investments

ExclusionsU.K.

Advice given by reason of providing pensions guidance F1...U.K.

54B.—(1) A person does not carry on an activity of the kind specified in article 53, 53A, 53B, 53C or 53D by reason of providing pensions guidance F2....

[F3(2) For the purposes of paragraph (1), pensions guidance means—

(a)information or guidance provided by the Money and Pensions Service in carrying out its pensions guidance function (see section 3 of the Financial Guidance and Claims Act 2018);

(b)information or guidance provided by another person with whom arrangements under section 5(1), (2) or (3) of the Financial Guidance and Claims Act 2018 are made to carry out the Money and Pensions Service’s pensions guidance function.]