Regulation 6A Appointment of service providers in respect of relevant schemesF1
The trust deed or scheme rules must not contain a provision that—
requires that the administrative, fund management, advisory or other services in respect of the scheme are provided by a person identified in any document; or
restricts the choice of person who may be appointed to provide such services.
Paragraph (1) overrides any provision of a relevant scheme to the extent that it conflicts with that paragraph.
In relation to a relevant scheme which is not a money purchase scheme, this regulation applies only in relation to services which are provided in connection with the provision of money purchase benefits.
Annotations
Textual amendments
- F1
Reg. 6A inserted (6.4.2015) by The Occupational Pension Schemes (Charges and Governance) Regulations 2015 (S.I. 2015/879), regs. 1(2), 15(b)
Notes on Part II
Textual amendments
- F1
Pt. 2 heading substituted (6.4.2015) by The Occupational Pension Schemes (Charges and Governance) Regulations 2015 (S.I. 2015/879), regs. 1(2), 15(a)