Northern Ireland Statutory Rule SI 2024/15 United Kingdom

The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2024

Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Trustee1 Any Person1

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
Any Person — also bound by 2340 other Acts

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.

36 other provisions — procedural and definitional
s.001 Citation and commencement
s.002 Interpretation and notices
s.003 Connected employers
s.004 Qualifying schemes
s.005 Schemes divided into sections
s.006 Authorisation: contents
s.007 Application for authorisation: fee
s.008 Fit and proper persons requirement
s.009 Scheme design requirement
s.010 Viability report
s.011 Viability certificate
s.012 Financial sustainability requirement
s.013 Communication requirement
s.014 Systems and processes requirement
s.015 Continuity strategy: contents
s.016 Continuity strategy: administration charges
s.017 Calculation of benefits
s.018 Advice of scheme actuary
s.019 Actuarial valuations
s.020 Reporting requirements relating to benefit adjustments
s.021 Powers of the Regulator
s.022 Supervisory return: contents
s.023 Significant events
s.024 Risk notices
s.025 Triggering events: notification requirements
s.026 Implementation strategy: approval
s.027 Implementation strategy: charges
s.028 Implementation strategy: content
s.029 Continuity option 1: discharge of liabilities and winding up
s.030 Continuity option 2: resolving the triggering event
s.031 Continuity option 3: conversion to closed scheme
s.032 Periodic reporting requirement
s.033 Pause orders
s.034 Administration charges during a triggering event period
s.035 Collective money purchase benefits – amendments to subordinate legislation
s.036 Revocation
Schedules

Schedules

2 of 85 shown
s.sch006 (1) The quantification of the value of each beneficiary’s accrued... Regulated
  • Quantify members' accrued rights at specified times during scheme winding-upTrustee
s.sch006 (1) The information mentioned in sub-paragraph (2) must be given... Regulated
  • Notify pensioner beneficiaries about income changes during winding-upAny Person
83 other schedules
s.sch001 (1) In this Schedule— “arrangement” means a voluntary arrangement entered...
s.sch001 For the purposes of section 62(3)(a) of the 2021 Act...
s.sch001 For the purposes of section 62(3)(a) of the 2021 Act,...
s.sch002 The Regulator must take into account the following matters in...
s.sch002 The viability certificate must contain the information set out in...
s.sch002 The date which has been agreed in respect of the...
s.sch002 The name and contact details of the scheme actuary.
s.sch002 The name of the scheme in respect of which the...
s.sch002 A statement, signed by the scheme actuary, confirming that—
s.sch002 A viability report must include the information set out in...
s.sch002 The date which has been chosen in respect of the...
s.sch002 The name and contact details of the person to be...
s.sch002 A statement, signed by the trustees confirming that—
s.sch002 A statement, signed by the scheme actuary, confirming that, to...
s.sch002 The name of the scheme in respect of which the...
s.sch002 (1) An explanation of— (a) the design of the scheme;...
s.sch002 The explanation required by paragraph 8(1) must include—
s.sch003 The other information to be included in an application, in...
s.sch003 The Regulator must take account of the following matters in...
s.sch003 The Regulator must take account of the following matters in...
s.sch003 A collective money purchase scheme must meet the following requirements...
s.sch004 In this Schedule— “scheme communication” means a notification, notice, document,...
s.sch004 The matters that the Regulator must take into account in...
s.sch004 Whether the IT systems used for the purposes of carrying...
s.sch004 Whether there are systems and processes for ensuring that there...
s.sch004 Whether there are systems and processes— (a) for assessing and...
s.sch004 Whether there are systems and processes— (a) for gathering feedback...
s.sch005 The matters that the Regulator must take into account in...
s.sch005 Whether there are systems and processes— (a) for preventing unauthorised...
s.sch005 Whether there are systems and processes for ensuring that there...
s.sch005 Whether there are systems and processes— (a) for investing contributions...
s.sch005 Whether there are systems and processes— (a) for ensuring that...
s.sch005 Whether there are systems and processes— (a) for facilitating members’...
s.sch005 Whether the IT systems have the capacity and capability—
s.sch005 Whether the IT systems— (a) are capable of being upgraded...
s.sch005 Whether the IT systems— (a) are maintained at regular intervals,...
s.sch005 Whether the scheme’s systems and processes ensure that—
s.sch005 Whether there are systems and processes— (a) for the fair...
s.sch005 Whether there are systems and processes— (a) for establishing that...
s.sch005 Whether there are systems and processes— (a) for the identification...
s.sch005 Whether there are systems and processes— (a) for identifying, managing...
s.sch006 (1) In this Schedule— “arrangement” has the meaning given in...
s.sch006 (1) The trustees of a collective money purchase scheme that...
s.sch006 (1) The trustees of a collective money purchase scheme that...
s.sch006 (1) The trustees of a collective money purchase scheme that...
s.sch006 (1) The trustees of a collective money purchase scheme that...
s.sch006 (1) A beneficiary who has received notice from the trustees...
s.sch006 (1) Not less than one month before the date of...
s.sch006 (1) This paragraph applies where the trustees of a collective...
s.sch006 (1) If the trustees of a collective money purchase scheme...
s.sch006 (1) This paragraph applies to the trustees or managers of...
s.sch006 Where the trustees of a collective money purchase scheme that...
s.sch006 (1) For the purposes of section 87(2)(b) of the 2021...
s.sch006 As soon as practicable after the trustees of a collective...
s.sch006 (1) The Regulator may direct the trustees of a collective...
s.sch006 Article 10 of the 1995 Order (civil penalties) applies to...
s.sch006 (1) The rules of a collective money purchase scheme must...
s.sch006 (1) Where the trustees of a collective money purchase scheme...
s.sch006 (1) Subject to sub-paragraph (5), no new members may be...
s.sch006 (1) Where a person was a pensioner beneficiary of the...
s.sch006 (1) A “collective money purchase scheme” for the purposes of...
s.sch007 Amendments to the Occupational Pension Schemes (Scheme Administration) Regulations
s.sch007 After regulation 5 insert— Prohibited charge structures – qualifying collective...
s.sch007 In the heading to regulation 6 (limits on charges) after...
s.sch007 After regulation 6 insert— Limits on charges – qualifying collective...
s.sch007 In the heading to regulation 7 (assessment of charges) after...
s.sch007 After regulation 7 insert— Assessment of charges – qualifying collective...
s.sch007 In the heading to regulation 8 (alternative assessment of charges)...
s.sch007 After regulation 8 insert— Alternative assessment of charges – qualifying...
s.sch007 In regulation 9 (member agreement for services)—
s.sch007 In regulation 10(1) (charge limits adjustment) after “relevant scheme” insert...
s.sch007 In regulation 11(5) (non-contributing members) in the definition of “relevant...
s.sch007 Amendment of the Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations
s.sch007 In regulation 11A (relevant information)— (a) in paragraph (1)—
s.sch007 In regulation 11B (relevant information) after paragraph (7) add—
s.sch007 In regulation 11C (member agreement for payments to advisers) for...
s.sch007 Amendments to the Occupational Pension Schemes (Charges and Governance) Regulations
s.sch007 (1) Regulation 2 (interpretation) is amended in accordance with sub-paragraphs...
s.sch007 In regulation 3(9) (default arrangement) after the definition of “relevant...
s.sch007 After regulation 3 insert— Qualifying collective money purchase schemes (1) A relevant scheme is a “qualifying collective money purchase...
s.sch007 In the heading to Chapter 1 of Part 2 (default...
s.sch007 (1) Regulation 4 (restrictions on charges) is amended in accordance...
s.sch007 In the heading to regulation 5 (prohibited charge structures) after...

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