SCHEDULE 7Collective money purchase benefits: amendments to secondary legislation

Amendments to the Occupational Pension Schemes (Charges and Governance) Regulations 201522

For paragraph (5) of regulation 11C (member agreement for payments to advisers)80 substitute—

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In this regulation—

  • “charge limits” has the meaning given in regulation 10(10); and

  • “specified scheme” does not include a relevant scheme that is a collective money purchase scheme.