{
  "url": "https://openlegislation.uk/occupational-pension-schemes-charges-and-governance-regulations-2015/regulation-5A",
  "json_url": "https://openlegislation.uk/occupational-pension-schemes-charges-and-governance-regulations-2015/regulation-5A.json",
  "legislation": "uksi/2015/879",
  "legislation_title": "The Occupational Pension Schemes (Charges and Governance) Regulations 2015",
  "legislation_url": "https://openlegislation.uk/occupational-pension-schemes-charges-and-governance-regulations-2015",
  "path": "regulation/5A",
  "kind": "regulation",
  "number": "5A",
  "heading": "Prohibited charge structures – qualifying collective money purchase schemes",
  "text": "(1) The description of the charges which are prohibited under regulation 4(1ZA)(b) are charges under a charge structure other than—\n(a) a collective single charge structure; or\n(b) a collective combination charge structure.\n(2) In these Regulations, a collective single charge structure is one under which charges are calculated solely by reference to the value of members’ rights under the scheme.\n(3) In these Regulations, a collective combination charge structure is one under which charges are calculated by reference to the value of members’ rights under the scheme (‘a collective existing rights charge’) and either—\n(a) calculated as a percentage of the value of contributions made by or on behalf or in respect of members of the scheme towards the scheme (‘a collective contribution percentage charge’); or\n(b) calculated by reference to a period of time and not by reference to contributions made by or on behalf or in respect of members of the scheme towards the scheme or to the value of members’ rights under the scheme (‘a collective flat fee charge’).\n(4) For the purposes of regulation 4(1ZA)(b), neither the charge structure, nor the type of collective combination charge structure, that applies to the members may be changed during a charges year.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "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"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "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"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/879/regulation/5A",
    "retrieved_at": "2026-10-28T23:40:26.357926+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}