Amendment of the Occupational Pension Schemes (Scheme Administration) Regulations

7.  In regulation 5(2)(b)(i) of the Occupational Pension Schemes (Scheme Administration) Regulations (Northern Ireland) 1997(1) (manner and terms of appointment and removal of professional advisers)—

(a) after “who—” there shall be inserted—

• “is subject to rules made under section 48 of the Financial Services Act 1986(2), which impose requirements in relation to conflicts of interest; or”; and

(b) the words “Chapter III of” shall be omitted.

(1)

S.R. 1997 No. 94; regulation 5(2)(b) was substituted by S.R. 1997 No. 162

(2)

1986 c. 60. See also section 50 of that Act