UK Statutory Instrument
2015
United Kingdom
Occupational Pension Schemes (Charges and Governance) Regulations 2015
At a glance
Enforced by
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.
Browse 47 other sections — procedural / definitional / commencement
Interpretation
Default arrangement
Qualifying collective money purchase schemes
Restrictions on charges
Prohibited charge structures - default arrangements
Prohibited charge structures – qualifying collective money purchase schemes
Limits on charges - default arrangements
Limits on charges – qualifying collective money purchase schemes
Imposition of more than one flat fee charge
Assessment of charges - default arrangements
Assessment of charges – qualifying collective money purchase schemes
Alternative assessment of charges - default arrangements
Alternative assessment of charges – qualifying collective money purchase schemes
Member agreement for services
Charge limits adjustment
Non-contributing members
Payments to advisers
Relevant information
Member agreement for payments to advisers
Amendment of the Stakeholder Pension Schemes Regulations 2000
Amendments of other regulations
Early exit charges
Prohibition of early exit charges
Limits on early exit charges
Conflicting contract terms
Relevant information
Definition of “relevant scheme”
Appointment of service providers
Appointment of chair of trustees or managers
Annual statement regarding governance
Requirements for processing financial transactions
Assessment of charges and costs
Requirements relating to default arrangement
Definition of “relevant multi-employer scheme”
Additional requirements for relevant multi-employer schemes
Administration Regulations: further amendment
Amendment of the Register of Occupational and Personal Pension Schemes Regulations 2005
Amendment of section 13 of the Pensions Act 2004
Compliance notices
Third party compliance notices
Penalty notices
Penalty notices: recovery
Penalty notices: recovery from bodies corporate and Scottish partnerships
Review of penalty notices
References to First-Tier Tribunal or Upper Tribunal
Service of notices
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
The Pensions Regulator
Regulates workplace pensions, defined benefit schemes, and master trusts. All employers must auto-enrol eligible workers into a workplace pension. Enforces employer duties …
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Regulators
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