Paragraph 14 I1I2

Section 93(2) (regulatory functions of the Pensions Regulator) is amended as follows.

In paragraph (pa)—

After paragraph (pa) insert—

“(pb)

the power to give a direction under section 23(2) of the Pension Schemes Act 2021 (direction to obtain actuarial valuation or take other steps to remedy or mitigate failure in relation to a collective money purchase scheme),

(pc)

the power to give a notice under section 29(1) or (4) of that Act (risk notices),

(pd)

the power to give a direction under section 29(6) of that Act (direction to implement proposals in a resolution plan),

(pe)

the power to give a direction under section 39(4) of that Act (direction to submit implementation strategy), and”.