Stakeholder pension schemes13

1

In the case of a stakeholder pension scheme which does not have an employer in relation to the scheme, the fraud compensation provisions shall be modified in their application to such a scheme so that the following provisions shall be treated as if they do not apply—

a

section 182(1)(c), (2) to (4), (6)(a), (8) and (9) (insolvency of employer);

b

section 182(10), the definition of “relevant event”;

c

section 183 (Board's duties where employer unlikely to continue as a going concern); and

d

section 185(5)(d) (Board's duty to give a notice to the insolvency practitioner or the employer).