Paragraph 20 Amendments to the Occupational Pension Schemes (Charges and Governance) Regulations 2015

Regulation 11A (payments to advisers)^f1 is amended as follows.

In paragraph (1), the existing text after “applies” becomes sub-paragraph (a).

At the end of that sub-paragraph, insert “; or”.

After that sub-paragraph, insert—

“(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.”.

In paragraph (3), after “specified scheme” in both places that it occurs, insert “or specified section, as applicable”.