| Guvnor

Enforced by: TPR
Status: Amended (in force with amendments)
Penalty ceiling: Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Trustee1

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

The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 79 duties

The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 40 duties

Charities Act 2011 27 duties

Charities Act (Northern Ireland) 2008 22 duties

Insolvency (England and Wales) Rules 2016 21 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.

Part 1

INTRODUCTION

0 of 4 sections shown

4 other sections in this Part — procedural and definitional

s.001 Citation and commencement

s.002 Interpretation

s.003 Default arrangement

s.003 Qualifying collective money purchase schemes

Part 2

RESTRICTIONS ON CHARGES

1 of 23 sections shown

s.013 Prohibition of early exit charges Regulated

Do not charge early exit fees for pension scheme members who joined after 1 October 2017Trustee

22 other sections in this Part — procedural and definitional

s.004 Restrictions on charges

s.005 Prohibited charge structures - default arrangements

s.005 Prohibited charge structures – qualifying collective money purchase schemes

s.006 Limits on charges - default arrangements

s.006 Limits on charges – qualifying collective money purchase schemes

s.006 Imposition of more than one flat fee charge

s.007 Assessment of charges - default arrangements

s.007 Assessment of charges – qualifying collective money purchase schemes

s.008 Alternative assessment of charges - default arrangements

s.008 Alternative assessment of charges – qualifying collective money purchase schemes

s.009 Member agreement for services

s.010 Charge limits adjustment

s.011 Non-contributing members

s.011 Payments to advisers

s.011 Relevant information

s.011 Member agreement for payments to advisers

s.012 Amendment of the Stakeholder Pension Schemes Regulations 2000

s.013 Amendments of other regulations

s.013 Early exit charges

s.013 Limits on early exit charges

s.013 Conflicting contract terms

s.013 Relevant information

Part 3

0 of 10 sections shown

10 other sections in this Part — procedural and definitional

s.014 Definition of “relevant scheme”

s.015 Appointment of service providers

s.016 Appointment of chair of trustees or managers

s.017 Annual statement regarding governance

s.018 Requirements for processing financial transactions

s.019 Assessment of charges and costs

s.020 Requirements relating to default arrangement

s.021 Definition of “relevant multi-employer scheme”

s.022 Additional requirements for relevant multi-employer schemes

s.023 Administration Regulations: further amendment

Part 4

COMPLIANCE

0 of 10 sections shown

10 other sections in this Part — procedural and definitional

s.024 Amendment of the Register of Occupational and Personal Pension Schemes Regulations 2005

s.025 Amendment of section 13 of the Pensions Act 2004

s.026 Compliance notices

s.027 Third party compliance notices

s.028 Penalty notices

s.029 Penalty notices: recovery

s.030 Penalty notices: recovery from bodies corporate and Scottish partnerships

s.031 Review of penalty notices

s.032 References to First-Tier Tribunal or Upper Tribunal

s.033 Service of notices

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