C1F1PART 20APENSIONS GUIDANCE

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Designation of guidance providers

333EDesignation of providers of pensions guidance

1

In this Part “designated guidance provider” means—

a

the Pensions Advisory Service Limited,

b

the National Association of Citizens Advice Bureaux,

c

the Scottish Association of Citizens Advice Bureaux,

d

the Northern Ireland Association of Citizens Advice Bureaux, or

e

a person designated by the F2Secretary of State as someone who must, in giving pensions guidance, comply with standards set by the FCA under section 333H.

2

Before designating a person under subsection (1)(e), the F4Secretary of State must—

a

consult the FCA,

b

notify the person to be designated, and

c

consider any representations made.

3

The F4Secretary of State may revoke a designation under subsection (1)(e).

4

The F4Secretary of State must give notice in writing of a designation under subsection (1)(e) or the revocation of a designation under subsection (3) to the person designated or (as the case may be) the person whose designation has been revoked.

5

The F4Secretary of State must send a copy of a notice given under subsection (4) to—

a

all other designated guidance providers, and

b

the FCA.

6

The F4Secretary of State must from time to time publish, in such manner as F3the Secretary of State considers appropriate, a list of the persons who are designated under subsection (1)(e).