http://www.legislation.gov.uk/uksi/2005/3379/regulation/1

The Occupational Pension Schemes (Internal Controls) Regulations 2005

Occupational pensions

Local government

Business practice and regulation

Regulation and deregulation

Legislation

PENSIONS

2023-08-13

Statute Law Database

2005-12-30

These Regulations amend the Pensions Act 2004 (c. 35) (“the Act”) by adding section 249A (requirement for internal controls). Section 249A implements the requirement in Article 14(1) of the European Union Directive on the Activities and Supervision of Institutions for Occupational Retirement Provision (Directive 2003/41/EC) (“the Directive”) that the trustees or managers of an occupational pension scheme must have adequate internal control mechanisms.