Northern Ireland Statutory Rule 2000 United Kingdom

The Stakeholder Pension Schemes Regulations (Northern Ireland) 2000

At a glance

What's here

10 compliance obligations

Who this Act binds

Business-side actors with duties under this Act, ranked by how often they appear.

  • Trustee 6
  • Any Person 2
  • Employer 2

Other Acts binding the same actors

For each actor bound by this Act, the other UK Acts that bind them most often. Useful for understanding the full compliance landscape facing each role.

What this Act requires

Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.

s.006

Procedure for discharging rights on winding up

  • Follow procedure for discharging member rights on winding up Trustee
s.007

Procedure for discharging on winding up rights of members with whom the trustees or manager have lost contact

  • Transfer lost members' pension rights to a chosen scheme on winding up Trustee
s.008

Requirement applying to all stakeholder pension schemes as regards investments

  • Meet investment requirements for stakeholder pension scheme deposits and shares Trustee
s.009

Requirement for statement of investment principles for schemes not established under a trust

  • Prepare and maintain a statement of investment principles and provide copies to members Any Person
s.011

Requirement for manager of schemes not established under a trust to appoint a reporting accountant

  • Appoint a reporting accountant for your stakeholder pension scheme Any Person
s.012

Requirement for annual declaration

  • Make annual declaration for stakeholder pension scheme Trustee
s.014

Charges, etc.—permitted reductions in members' rights

  • Trustees or managers must specify fund valuation frequency in writing Trustee
s.015

Requirement for trustees or manager to satisfy certain conditions in relation to with-profits funds

  • Obtain written contract with insurance company before investing in with-profits fund Trustee
s.024

Payroll deduction of contributions

  • Handle employee requests for payroll deduction of stakeholder pension contributions Employer
s.025

Disclosure of information to relevant employees

  • Give written notice to employees about pension deduction requests within 2 weeks Employer
Browse 22 other sections — procedural / definitional / commencement
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

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