Explanatory Notes

Pensions Act 2011

2011 CHAPTER 19

3 November 2011

Commentary on Sections

Part 2: Automatic enrolment

Section 10: Qualifying schemes: administration charges

85.Section 10 extends the existing reserve power in the PA 2008 to establish a charge cap for qualifying pension schemes used to fulfil an employer’s duties under Part 1 of the PA 2008, so that it applies to charges made to deferred members as well as to charges made to active members. It also clarifies what charges are subject to the power.