# The Occupational Pension Schemes (Master Trusts) Regulations 2018, Regulation 25: Administration charges


The administration charges that apply in relation to members of a Master Trust scheme must not include—
(a) costs incurred as a result of buying, selling, lending or borrowing investments;
(b) where a court order provides for the recovery by the trustees of costs incurred in complying with the order, the amount of those costs;
(c) charges permitted by regulations made under section 24 or 41 of the Welfare Reform and Pensions Act 1999 (charges by pension arrangements in relation to earmarking orders and charges in respect of pension sharing costs);
(d) costs solely associated with the provision of death benefits.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111170533/regulation/25 (the official version)
Page: https://openlegislation.uk/draft-occupational-pension-schemes-master-trusts-regulations-2018/regulation-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.