PART IIF1Advisers and Service Providers
Annotations:
Amendments (Textual)
F2Appointment of service providers in respect of relevant schemes6A
The trust deed or scheme rules must not contain a provision that—
a
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
b
restricts the choice of person who may be appointed to provide such services.
2
Paragraph (1) overrides any provision of a relevant scheme to the extent that it conflicts with that paragraph.
3
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.
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)