The Occupational Pension Schemes (Charges and Governance) Regulations 2015

[^f00026]: Seesection 318 of the 2004 Act. The definition of “public service pension scheme” was inserted by the Public Service Pensions Act 2013 (c.25), Schedule 4, paragraph 22(2).

[^f00027]: Inserted by regulation 21 of these Regulations.

[^f00028]: See S.I. 1996/1715, regulation 1(2), substituted by S.I. 1997/786, for definition of “money purchase scheme”.

[^f00029]: Section 67 was amended by the Finance (No. 3) Act 2010 (c. 33), section 30(2).

[^f00030]: S.I. 2005/597. Regulation 3(1) was amended by S.I. 2006/1733.

[^f00031]: Inserted by regulation 16 of these Regulations.

[^f00032]: Inserted by regulation 20 of these Regulations.

[^f00033]: Inserted by regulation 17 of these Regulations.

[^f00034]: Inserted by regulation 18 of these Regulations.

[^f00035]: S.I. 2005/3378.

[^f00036]: See regulation 7 of S.I. 2005/3378.

[^f00037]: 2006 c.46.

[^f00038]: Inserted by regulation 19 of these Regulations.

[^f00039]: Inserted by regulation 21 of these Regulations.

[^f00040]: S.I. 2005/597.

[^f00041]: Sub-paragraph (g) was inserted by S.I. 2006/1733, regulation 4(1) and (2)(a).

[^f00042]: 2004 c.35. Subsection (7) was amended by the Public Service Pensions Act 2013 (c.25), section 17(1) and Schedule 4, paragraphs 1, 3(1) and (3)(a) and (b). The Pension Schemes Act 2015 (currently the Pension Schemes Bill before Parliament) will, when enacted, insert an additional paragraph into subsection 7 which, depending upon when that Bill receives Royal Assent, may either precede or follow the paragraph (f) inserted by this regulation 25(b).

[^f00043]: Inserted by regulation 24(3) of these Regulations.

[^f00044]: Inserted by regulation 24(3) of these Regulations.

[^f00045]: Inserted by regulation 17 of these Regulations.

[^f00046]: 1984 c. 28.

[^f00047]: S.I. 2009/1976.

[^f00048]: S.I. 2008/2698.

Editorial notes

[^c2247222]: 1993 c. 48. Section 113(1) was amended by the Child Support, Pensions and Social Security Act 2000 (c. 19), section 52(1). Section 181(1) is cited for the meaning it gives to “regulations”.

[^c2247223]: 1995 c. 26 (“the 1995 Act”). Subsections (1) and (1A) of section 36 were substituted by the Pensions Act 2004 (c. 35) (“the 2004 Act”), section 245(2). Section 124(1) is cited for the meaning it gives to “prescribed” and “regulations”.

[^c2247224]: 1999 c. 30. Section 1(5) was amended by the 2004 Act, section 285(3). Section 8(1) is cited for the meaning it gives to “prescribed”.

[^c2247225]: 2004 c. 35. Section 318(1) is cited for the meaning it gives to “prescribed” and “regulations”.

[^c2247226]: 2014 c. 19.

[^c2247227]: Section 185(1) was amended by the 1995 Act, sections 122, 151 and 177 and Schedule 3, paragraph 46, Schedule 5, paragraph 80(a), (d) and (f) and Schedule 7, Part 1.

[^c2247228]: 2008 c. 30.

[^c2247229]: S.I. 1996/1715.

[^c2247230]: “Administration charge” is defined in paragraph 1(5) of Schedule 18 to the Pensions Act 2014 (c. 19).

[^c2247231]: Section 24 was amended by the Family Law Act 1996 (c. 27), section 66 and Schedule 8, paragraph 43A (subject to savings as to which see section 66(2) and Schedule 9, paragraph 5 of that Act) and the Civil Partnership Act 2004 (c. 33), section 261(1) and (4), Schedule 27, paragraph 158(1) to (2) and Schedule 30.

[^c2247232]: There are amendments to section 99 which are not relevant to these Regulations.

[^c2247233]: Section 23 was substituted by the 2004 Act, section 36(3).

[^c2247234]: See section 124(1) of the 1995 Act, substituted by the 2004 Act, section 7(2)(b).

[^c2247235]: 2000 c. 7. Section 15(1) was amended by the Communications Act 2003 (c. 21), section 406(1) and Schedule 17, paragraph 158.

[^c2247236]: Section 2 was amended by the Pensions Act 2011 (c. 19) (“the 2011 Act”), section 4. Section 3 was amended by the 2011 Act, sections 5 and 6, and S.I. 2012/1506, S.I. 2013/667 and S.I. 2014/623. Section 4 was substituted by the 2011 Act, section 6(2). Section 5 was amended by the 2011 Act, sections 4, 5 and 6, the Pensions Act 2014, sections 37 and 38 and S.I. 2012/1506, S.I. 2013/667 and S.I. 2014/623. Section 6 was amended by the 2011 Act, sections 4, 6 and 7. Section 7 was amended by the 2011 Act, section 6.

[^c2247237]: S.I. 2000/1403.

[^c2247238]: Regulation 13 was amended by S.I. 2001/577 and S.I. 2011/246.

[^c2247239]: Regulations 14, 14A, 14B and 14C were substituted by S.I. 2005/577. Regulation 14, as substituted, was amended by S.I. 2007/814 and S.I. 2013/459.

[^c2247240]: The definition of “the FCA Handbook was substituted for the definition of “the FSA Handbook” by S.I. 2013/472. The definition of “the FSA Handbook” was inserted by S.I. 2005/577.

[^c2247241]: S.I. 2006/349.

[^c2247242]: S.I. 2006/759.

[^c2247243]: Regulation 1(2) was amended by S.I. 1997/786, regulation 3, Schedule 1, paragraph 11(2), 2005/2426, regulations 4(1) and (2), 2005/3377, regulation 20(1) and Schedule 3, paragraph 4(1) and (2) and 2006/778, regulation 4(1) and (2)(a) to (d).

[^c2247244]: See S.I. 1996/1715, regulation 1(2), substituted by S.I. 1997/786, and section 181(1) of the Pension Schemes Act 1993 (“the 1993 Act”) for definition of “money purchase benefits”. The definition of “money purchase benefits' in section 181(1) of the 1993 Act was amended by the 2011 Act, section 29 and S.I. 2005/2053.

[^c2247245]: S.I. 2013/2734.

[^c2247246]: See S.I. 1996/1715, regulation 1(2), and section 1 of the 1993 Act, for definition of “public service pension scheme”. The definition of ‘public service scheme” in the 1993 Act was amended by S.I. 1999/1820.

[^c2247247]: Seesection 318 of the 2004 Act. The definition of “public service pension scheme” was inserted by the Public Service Pensions Act 2013 (c.25), Schedule 4, paragraph 22(2).

[^c2247248]: Inserted by regulation 21 of these Regulations.

[^c2247249]: See S.I. 1996/1715, regulation 1(2), substituted by S.I. 1997/786, for definition of “money purchase scheme”.

[^c2247250]: Section 67 was amended by the Finance (No. 3) Act 2010 (c. 33), section 30(2).

[^c2247251]: S.I. 2005/597. Regulation 3(1) was amended by S.I. 2006/1733.

[^c2247252]: Inserted by regulation 16 of these Regulations.

[^c2247253]: Inserted by regulation 20 of these Regulations.

[^c2247254]: Inserted by regulation 17 of these Regulations.

[^c2247255]: Inserted by regulation 18 of these Regulations.

[^c2247256]: S.I. 2005/3378.

[^c2247257]: See regulation 7 of S.I. 2005/3378.

[^c2247258]: 2006 c.46.

[^c2247259]: Inserted by regulation 19 of these Regulations.

[^c2247260]: Inserted by regulation 21 of these Regulations.

[^c2247261]: S.I. 2005/597.

[^c2247262]: Sub-paragraph (g) was inserted by S.I. 2006/1733, regulation 4(1) and (2)(a).

[^c2247263]: 2004 c.35. Subsection (7) was amended by the Public Service Pensions Act 2013 (c.25), section 17(1) and Schedule 4, paragraphs 1, 3(1) and (3)(a) and (b). The Pension Schemes Act 2015 (currently the Pension Schemes Bill before Parliament) will, when enacted, insert an additional paragraph into subsection 7 which, depending upon when that Bill receives Royal Assent, may either precede or follow the paragraph (f) inserted by this regulation 25(b).

[^c2247264]: Inserted by regulation 24(3) of these Regulations.

[^c2247265]: Inserted by regulation 24(3) of these Regulations.

[^c2247266]: Inserted by regulation 17 of these Regulations.

[^c2247267]: 1984 c. 28.

[^c2247269]: S.I. 2009/1976.

[^c2247270]: S.I. 2008/2698.

[^key-3b4d7712b9f2f7c4c0570f726d3522d8]: Reg. 3(6) substituted (6.4.2015) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2015 (S.I. 2015/889), regs. 1, 2

[^key-f1420452dabeda39b0d5f4b94f67a817]: Regs. 11A-11C inserted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 6

[^key-577819e7c1dd833c6968e6cc909f9aeb]: Reg. 33 inserted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 12

[^key-f67bb5f886643c229fa6c1c15ca9dc6d]: Words in reg. 2(1) inserted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 3

[^key-679bd1f29edd284d548428b043e692c9]: Words in reg. 4(1)(b) inserted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 4(2)

[^key-ddfe2f631a38c5e814f29dab43cbf115]: Reg. 4(1A) inserted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 4(3)

[^key-980f70bb947a15b86b8cd6fe639200a1]: Words in reg. 4(2) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 4(4)

[^key-fa264fc6c66afcb1783e98932b775138]: Word in reg. 10(8) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 5

[^key-e56e8a42f25aa611b5333b9ed510618c]: Words in reg. 26(1) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 7(2)

[^key-738a5e0b142538e8a4592dd59847c4d5]: Words in reg. 26(2)(a) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 7(3)(a)

[^key-25401cecd2211916bd3da93ede77d135]: Words in reg. 26(2)(b) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 7(3)(b)

[^key-8f214363b2a3261e0302a7a19166d51b]: Word in reg. 26(3) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 7(4)

[^key-09a7dec62a6eaa8f85b4a825662ecea4]: Word in reg. 26(6)(b) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 7(4)

[^key-9cca580c3f1f76c1525ea872c7649c4a]: Word in reg. 26(6)(c) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 7(4)

[^key-4986fa70d498c0f013c785d486c83106]: Word in reg. 26(6)(e) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 7(4)

[^key-467ed8291c2cb8afc6fbbcf1bc3a6858]: Words in reg. 26(6)(d) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 7(5)

[^key-e70c56779d5681cd2be335fae80fff68]: Words in reg. 27(1)(a) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 8(2)(a)

[^key-6bca336b8ac58d21b487f632d8eba50e]: Word in reg. 27(1)(b) omitted (6.4.2016) by virtue of The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 8(2)(b)

[^key-c5b02c5a268317e5749fafea084cf659]: Words in reg. 27(2)(a) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 8(3)(a)

[^key-13e8862248ef1c50bc82643d176b9051]: Words in reg. 27(2)(b) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 8(3)(b)

[^key-f45d1635bf06ac6b46de8a5629c45805]: Words in reg. 27(2)(c) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 8(3)(c)

[^key-0f92739f6d0caeea8fd3caef161b7790]: Words in reg. 28(1)(b) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 9(2)

[^key-8e81f04b10f9cbb87dae6fe2922f7443]: Reg. 28(5)(b) omitted (6.4.2016) by virtue of The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 9(3)

[^key-e4a56ab46dfde41d26bfe60d7d26baa1]: Reg. 28(5)(c) omitted (6.4.2016) by virtue of The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 9(3)

[^key-afce8f8bde461a050738464c009eadbe]: Reg. 28(6) omitted (6.4.2016) by virtue of The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 9(3)

[^key-8ddb7ddfa3cf6827807574732628ec78]: Reg. 30 substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 10

[^key-25c5c6232ed94b424a49acc373cadbf0]: Reg. 32(4) substituted (6.4.2016) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2016 (S.I. 2016/304), regs. 1, 11

[^key-4cb38bd4b3c810d4c719ff6fc857f0f7]: Ch. 1: reg. 4-13 renumbered as Ch. 1 (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 4

[^key-4b5761ef6f815d47c50aee1b73af5f74]: Ch. 2 inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 11

[^key-8ef3ed5fb3468b44ddd08fd058b23a03]: Words in reg. 11A(1) omitted (1.10.2017) by virtue of The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 8(2)

[^key-ced11161328b2c3c5665016bb3708a91]: Words in reg. 11A(2) inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 8(3)

[^key-bba40e4ab2a3fdbbf36bdde6947d0a94]: Words in reg. 11A(4) substituted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 8(4)

[^key-fd210094a16a31de735234dd7dbe74b0]: Reg. 11A(6) substituted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 8(5)

[^key-d2ffb6bbf21b6a980ddaad548c20be0c]: Reg. 11A(7) inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 8(6)

[^key-67cbd9bf5da20a1b38a69fc5e964a3d0]: Reg. 11B(3A) inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 9(5)

[^key-02172e2f5cefc9b09373fe95a055a3c8]: Regs. 11B(2A)-(2B) inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 9(3)

[^key-d4dda87de57fbc4232eb876b5b453add]: Words in reg. 11B(2) substituted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 9(2)

[^key-0bb611b167b4409075d7035fff91a454]: Words in reg. 11B(3) inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 9(4)

[^key-3077f327e866f544e82ab9af0499340f]: Words in reg. 11B(5) substituted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 9(6)(a)

[^key-37399d5af33864b296d4dab11e29d847]: Words in reg. 11B(5) substituted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 9(6)(b)

[^key-dacda294787eb987ee92885fb6c27182]: Words in reg. 11B(6) inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 9(7)

[^key-9e43920199ade6d88c3e6b3a396ba38c]: Words in reg. 11C(3) inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 10

[^key-af95d39c2068ffd3cc969dc96642d5f5]: Word in reg. 2(1) substituted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 3

[^key-602b40764917da1e4b369bae44b3ca80]: Words in reg. 4(1) substituted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 5(2)

[^key-e4d4c662afd0e816085e2d958bfa5c42]: Words in reg. 4(2) substituted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 5(3)

[^key-e04b8a3920011bff113aa3100614cd46]: Words in reg. 6(1) inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 6

[^key-35c8a1ede0dbca162a0c6510a4d25c6c]: Words in reg. 9(1) inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 7(2)(a)

[^key-b20c9d7aa236cb5f0a4dc74cfe7646c9]: Words in reg. 9(1) inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 7(2)(b)

[^key-c6d15943dc5eca2894c26aa676cc8ee1]: Words in reg. 9(3) inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 7(3)

[^key-85db4243c9e54405cbedb3e9a41458d1]: Reg. 4(3)-(4) inserted (1.4.2018) by The Occupational Pension Schemes (Preservation of Benefit and Charges and Governance) (Amendment) Regulations 2018 (S.I. 2018/240), regs. 1(3), 3(2)

[^key-ef181390890d92f1fb2290c26048d0de]: Reg. 2(1A) inserted (1.10.2021) by The Occupational Pension Schemes (Administration, Investment, Charges and Governance) (Amendment) Regulations 2021 (S.I. 2021/1070), regs. 1(2), 6(2)(b)

[^key-d43bdf4e61f50d6d683bfe4c6c0b6e2f]: Words in reg. 2(1) inserted (1.10.2021) by The Occupational Pension Schemes (Administration, Investment, Charges and Governance) (Amendment) Regulations 2021 (S.I. 2021/1070), regs. 1(2), 6(2)(a)(i)

[^key-cfc7248a006260c578613e08aa25816a]: Words in reg. 2(1) inserted (1.10.2021) by The Occupational Pension Schemes (Administration, Investment, Charges and Governance) (Amendment) Regulations 2021 (S.I. 2021/1070), regs. 1(2), 6(2)(a)(ii)

[^key-faa4b15423a6d71e8660de853581fd57]: Words in reg. 2(1) inserted (1.10.2021) by The Occupational Pension Schemes (Administration, Investment, Charges and Governance) (Amendment) Regulations 2021 (S.I. 2021/1070), regs. 1(2), 6(2)(a)(iii)

[^key-0ab150f96e426627ce81f6e063623432]: Reg. 6ZA inserted (6.4.2022) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2022 (S.I. 2022/10), regs. 1(1), 2(3) (with reg. 1(3))

[^key-15462f2af91c3b82e7a8ee476d9e6395]: Reg. 6(5)-(7) inserted (6.4.2022) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2022 (S.I. 2022/10), regs. 1(1), 2(2)(b) (with reg. 1(3))

[^key-7371770c8e46c049fb190ed9f897cd0c]: Words in reg. 6(4)(a) inserted (6.4.2022) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2022 (S.I. 2022/10), regs. 1(1), 2(2)(a) (with reg. 1(3))

[^key-ef40bce551c511924c55584fb72741bd]: Words in reg. 7(5)(b)(ii) inserted (6.4.2022) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2022 (S.I. 2022/10), regs. 1(1), 2(4) (with reg. 1(3))

[^key-8ec48740808916575a32b1d2bf3be089]: Words in Pt. 2 Ch. 1 heading inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 7

[^key-964c45b7588d0e0268a38f6001c7bd47]: Reg. 3A inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 6

[^key-e18bc983242297c76dac4db5ab14ac47]: Reg. 5A inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 10

[^key-3f373743aaf2092db93005606d0797a0]: Reg. 6A inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 12

[^key-c532a919b6b99ffca7ff899027ca3d29]: Reg. 7A inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 14

[^key-04c7d500433799fb814afae471cb62cd]: Reg. 8A inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 16

[^key-bcca785027f1ef1ab3c9e0fddf5c7a68]: Reg. 2(2A) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(4)

[^key-6673a8fe5d4000254dff08de56dc5926]: Reg. 2(3A) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(5)

[^key-2e5c7144550a5003a4d4d4f8fed7b499]: Words in reg. 2 inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(6)

[^key-67b7f826dc08a643d85b6924cb8c163e]: Reg. 2 full-stop omitted (1.8.2022) by virtue of The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(6)

[^key-8f5eef1e62c660bf2e5517b78bc04fa2]: Words in reg. 2(1) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(2)(a)

[^key-595a316f84015956e6cc4b63a14c7e5c]: Words in reg. 2(1) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(2)(b)(i)

[^key-3ebc824de50a94197d8a5ba350100659]: Words in reg. 2(1) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(2)(b)(ii)

[^key-e92612fd6955c9960661d3862b1c51fe]: Words in reg. 2(1) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(2)(c)(i)

[^key-79da1909626247cc8ff9831d24a02724]: Word in reg. 2(1) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(2)(c)(ii)

[^key-ae53488dc09a8215c4d8fe6d140bdd49]: Words in reg. 2(1) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(2)(c)(iii)

[^key-162922941742b7147ec89ce83d91a59f]: Words in reg. 2(1) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(2)(d)

[^key-184c92ac1b65e3cc2fe8ae3705f66802]: Words in reg. 2(2)(a) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(3)(a)

[^key-ee4059479d7ca3d42fef0e9c2e8105ab]: Word in reg. 2(2) omitted (1.8.2022) by virtue of The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(3)(b)

[^key-58864a38eba7c0c24296ae2df5697f98]: Reg. 2(2)(c) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(3)(e)

[^key-c9e90f1edf93639b7f797c10f5ac0c77]: Words in reg. 2(2)(b) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(3)(c)

[^key-9a7cae24656b9fc1fd3fd6109954f771]: Reg. 2(2) comma omitted (1.8.2022) by virtue of The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(3)(d)

[^key-220c7287b7330e057ba98176fa073a62]: Word in reg. 2(2) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 4(3)(d)

[^key-c2056fc869d9970d7b65e5af42ee5507]: Words in reg. 3(9) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 5

[^key-e8c4c5ad4934f2c63211d669656fcaa3]: Reg. 4(1ZA) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 8(3)

[^key-1adb7661fd5ef00642f12911107798f8]: Reg. 4(3A)-(3D) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 8(6)

[^key-48e75c7113c86de12d01cc9df97bc6fc]: Reg. 4(5) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 8(8)

[^key-3140958bbc4ef6ca7da5b6ea964d6ace]: Words in reg. 4(1)(b) substituted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 8(2)(c)

[^key-92e6d90400ef92c222f3e3fea8994470]: Words in reg. 4(1) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 8(2)(a)

[^key-025e2654b977d90122fd829629c82f7f]: Words in reg. 4(2) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 8(4)(a)

[^key-140de42de6f1bc8a3e8f6a9c3cbeffbc]: Words in reg. 4(3)(a) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 8(5)(c)

[^key-3b45de57436ef2e1ee65b327c006a48b]: Words in reg. 4(3) substituted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 8(5)(b)

[^key-b8755951fc095cffa99ac9d915092c1f]: Words in reg. 4(4) substituted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 8(7)

[^key-cbf88032c5c371ddf8ee43952d911e6c]: Words in reg. 4(2)(a) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 8(4)(b)

[^key-0f8327b06c7159d643ec111a1f66d74f]: Words in reg. 4(1)(a) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 8(2)(b)

[^key-16268a236ed423057b7a909fd567e0b6]: Words in reg. 4(3) substituted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 8(5)(a)

[^key-9eb645caf646ceed3faa4925fc1feab5]: Words in reg. 5 heading inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 9

[^key-35b9bf9358019243b423a0de8352fcee]: Words in reg. 6 heading inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 11

[^key-c1e2793ecba8cf84272dbe2bb802a2dd]: Words in reg. 7 heading inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 13

[^key-c30106a8cfa36d8bce08bf145c304e1c]: Words in reg. 8 heading inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 15

[^key-7646eb43d5b2d1b805cbf1be4893753e]: Reg. 9(1A) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 17(3)

[^key-02b146e953f2b1792ba8d50738c1a7fd]: Words in reg. 9(1) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 17(2)

[^key-48daa8bcfd0fb5780d9a0d62cb4ba1cf]: Words in reg. 9(2) substituted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 17(4)(a)

[^key-07fd59115054713ab001195625693280]: Words in reg. 9(2)(b)(ii) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 17(4)(b)

[^key-2c3d79c50ddefafc8396cd844d8d424e]: Reg. 9(4) full-stop omitted (1.8.2022) by virtue of The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 17(5)

[^key-d9a601c606a81d48a060845208e31ad4]: Words in reg. 9(4) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 17(5)

[^key-e2064acaf9603412511f8767a0213d7d]: Words in reg. 10(1) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 18

[^key-dbe21f7cef48c41f3324c1d81cce73df]: Words in reg. 11(5) substituted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 19

[^key-78787969265ce77e4cf3cabbd51ec04f]: Reg. 11A(1)(b) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 20(4)

[^key-d6bc1252cc5c2dc80e700b7a433db4d6]: Words in reg. 11A(3) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 20(5)

[^key-fad4c7491ca8c4b817de77032462e99e]: Words in reg. 11A(1)(a) in 11A(1) renumbered as reg. 11A(1)(a) (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 20(2)

[^key-7db339f66aee41a9f06f96fb36c09123]: Word in reg. 11A(1)(a) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 20(3)

[^key-0befb7304daa9b4ce0583546cf2b1225]: Reg. 11B(8) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 21

[^key-4816b3373eba9b7ff7b435386262b60d]: Reg. 11C(5) substituted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 (S.I. 2022/255), reg. 1(3), Sch. 7 para. 22

[^key-57fe40cc386660039276bce212272b6d]: Reg. 2(1B) inserted (6.4.2023) by The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(2)(b)

[^key-8c7d375339bd079caf3a7f18eb8fb233]: Words in reg. 2(1) inserted (6.4.2023) by The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(2)(a)(i)

[^key-a2bc507db640cf1664f3dabd8def50e4]: Words in reg. 2(1) inserted (6.4.2023) by The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(2)(a)(ii)

[^key-a22a8fd5ed4c07ae0cbc4fd0ddb332c4]: Words in reg. 2(1) inserted (6.4.2023) by The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(2)(a)(iii)

[^key-661e56e4a71fb5a466357e37b94d8375]: Words in reg. 2(1) inserted (6.4.2023) by The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(2)(a)(v)

[^key-76ae950a0b75af6b537e9c3cee7b78d6]: Reg. 2(5) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(2)(c)

[^key-a6f178050fa51e8d875a98609469a613]: Reg. 2(6) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(2)(c)

[^key-3f30a1d0e9b227750e335c43426b4012]: Reg. 2(5A) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(2)(c)

[^key-dc04b1505029666fd80872a69cbccfeb]: Reg. 7(9) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(3) (with reg. 1(8))

[^key-e32e230c9775ba7f87e2b5538a762351]: Reg. 7(12) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(3) (with reg. 1(8))

[^key-6c2064be322f3bed7f4cff3712be7b2e]: Reg. 7(10) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(3) (with reg. 1(8))

[^key-ac7c0ddc52cc3e2e4fc552d535372ffa]: Reg. 7(11) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(3) (with reg. 1(8))

[^key-930b57ae29f9d8110c9b2fa38a76fada]: Reg. 7A(9) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(4) (with reg. 1(8))

[^key-021c7bd9f2b4c48747148747bf6065e8]: Reg. 7A(10) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(4) (with reg. 1(8))

[^key-6387b8cb15e2e1cf065356636443796b]: Reg. 7A(11) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(4) (with reg. 1(8))

[^key-157e6e361eccb8d931f0c7c0d929e338]: Reg. 7A(12) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(4) (with reg. 1(8))

[^key-0aff60094c332cf7e74dfe971ffe6403]: Words in reg. 8(2) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(5)(a) (with reg. 1(8))

[^key-e64ea6c8a78c3dd542b87187303943f9]: Reg. 8(3A) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(5)(b) (with reg. 1(8))

[^key-aa5378e6344905b0ec9d8ccf9f433e97]: Words in reg. 8A(2) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(6)(a) (with reg. 1(8))

[^key-98183e1c1f7dabc8a72d32b63bf4395e]: Reg. 8A(4) omitted (6.4.2023) by virtue of The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 (S.I. 2023/399), regs. 1(3), 2(6)(b) (with reg. 1(8))

Payments to advisers

11A

• (1) This regulation applies

• (a) to a member of a specified scheme if the member is, or was, a worker of a qualifying scheme employer who participates, or has participated ..., in that scheme ; or

• (b) to a member of a specified section, if the member is, or was, a worker of a qualifying section employer who participates or has participated in the section.

• (2) Subject to paragraphs (4) and (6) and regulations 11B(2), 11B(2B) and 11C, it is prohibited for the purposes of regulation 4(1A) to impose or permit to be imposed on a member to whom this regulation applies a charge that is used—

• (a) directly or indirectly, to pay an adviser; or

• (b) to reimburse the service provider for a payment that the service provider has made to an adviser,

for advice or a service referred to in sub-paragraph (a) or (b) of paragraph (3).

• (3) An adviser is a person who provides, has provided, or agrees to provide—

• (a) advice or a service to the member’s employer or former employer who is participating in the specified scheme or specified section, as applicable; or

• (b) advice or a service to a member of the specified scheme or specified section, as applicable.

• (4) The prohibition in paragraph (2) does not apply to the following services provided by an adviser—

• (a) a service relating to the administration of employee remuneration including tax deductions; and

• (b) a technological service which permits or enhances the ability of the service provider’s computing system and the computing system provided by or on behalf of the employer to work together.

• (5) Where the adviser is also the service provider, they are to be treated as separate persons for the purposes of this regulation.

• (6) The prohibition in paragraph (2) does not apply to a charge imposed to reimburse a service provider for any payment made to an adviser for advice or a service referred to in paragraph (3)(a) or (b) where—

• (a) the charge is imposed under a relevant contract which—

• (i) was entered into before 6th April 2016; and

• (ii) has not been varied or renewed on or after that date; and

• (b) the payment was made before 1st October 2017.