Northern Ireland Statutory Rule SI 2000/262 United Kingdom

The Stakeholder Pension Schemes Regulations (Northern Ireland) 2000

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Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Trustee6 Any Person2 Employer2

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Trustee — also bound by 104 other Acts
Charities Act 2011 27 duties
Any Person — also bound by 2340 other Acts
Employer — also bound by 682 other Acts
TULRCA 1992 72 duties

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.006 Procedure for discharging rights on winding up Regulated
  • Follow procedure for discharging member rights on winding upTrustee
s.007 Procedure for discharging on winding up rights of members with whom the trustees or manager have lost contact Regulated
  • Transfer lost members' pension rights to a chosen scheme on winding upTrustee
s.008 Requirement applying to all stakeholder pension schemes as regards investments Regulated
  • Meet investment requirements for stakeholder pension scheme deposits and sharesTrustee
s.009 Requirement for statement of investment principles for schemes not established under a trust Regulated
  • Prepare and maintain a statement of investment principles and provide copies to membersAny Person
s.011 Requirement for manager of schemes not established under a trust to appoint a reporting accountant Regulated
  • Appoint a reporting accountant for your stakeholder pension schemeAny Person
s.012 Requirement for annual declaration Regulated
  • Make annual declaration for stakeholder pension schemeTrustee
s.014 Charges, etc.—permitted reductions in members' rights Regulated
  • Trustees or managers must specify fund valuation frequency in writingTrustee
s.015 Requirement for trustees or manager to satisfy certain conditions in relation to with-profits funds Regulated
  • Obtain written contract with insurance company before investing in with-profits fundTrustee
s.024 Payroll deduction of contributions Regulated
  • Handle employee requests for payroll deduction of stakeholder pension contributionsEmployer
s.025 Disclosure of information to relevant employees Regulated
  • Give written notice to employees about pension deduction requests within 2 weeksEmployer
22 other provisions — procedural and definitional
s.001 Citation, commencement and interpretation
s.002 Manner of establishment
s.003 Requirements applying to all stakeholder pension schemes as regards instruments establishing such schemes
s.004 Additional requirements as regards instruments establishing a stakeholder pension scheme established under a trust
s.005 Additional requirements as regards instruments establishing a stakeholder pension scheme not established under a trust
s.010 Requirement for manager of schemes not established under a trust to have regard to certain matters, and to take advice, relating to investment
s.013 Expenses, commission
s.016 Requirements as regards the provision of the other services
s.017 Restrictions on contributions
s.018 Disclosure of information to members
s.019 Requirement for trustees of a stakeholder pension scheme established under a trust
s.020 Persons who may apply for registration of stakeholder pension schemes not established under a trust
s.021 Access to the register
s.022 Exemptions from employer access and consultation requirements
s.023 Definition of relevant employees
s.026 Amendment of the Personal Pension Schemes (Disclosure of Information) Regulations
s.027 Amendment of the Occupational Pension Schemes (Preservation of Benefit) Regulations
s.028 Amendment of the Protected Rights (Transfer Payment) Regulations
s.029 Amendment of the Occupational Pension Schemes (Member-nominated Trustees and Directors) Regulations
s.030 Amendment of the Occupational Pension Schemes (Investment) Regulations
s.031 Amendment of the Occupational Pension Schemes (Disclosure of Information) Regulations
s.032 Application of other Regulations to stakeholder pension schemes

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.