The Occupational Pension Schemes (Charges and Governance) Regulations 2015 No. 879

PART 2 U.K. RESTRICTIONS ON CHARGES

[F1 CHAPTER  2 U.K. RESTRICTIONS ON EARLY EXIT CHARGES

Textual Amendments

F1 Ch. 2 inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 11

Prohibition of early exit charges U.K.

13B.— (1) This regulation applies to a member of a relevant scheme who joined that scheme on or after 1st October 2017.

(2) Service providers and trustees and managers of a relevant scheme must not impose an early exit charge, or permit such a charge to be imposed, on a member of the scheme to whom this regulation applies.]