Regulation 6 Amendment of the Occupational Pension Schemes (Scheme Funding) Regulations 2005

The Occupational Pension Schemes (Scheme Funding) Regulations 2005^f1 are amended as follows.

For regulation 15 (guidance relating to actuarial advice)^f2 substitute—

“Guidance relating to actuarial advice

15.

When advising the trustees or managers of a scheme on any of the matters specified in section 230(1) of the 2004 Act, the actuary shall have regard to any guidance or standards adopted or prepared, and from time to time revised, by the Board for Actuarial Standards which are relevant to the matters specified in that section.”.