—,,to permit stakeholder schemes established otherwise than under a trust (“non-trust schemes”) to restrict membership of the scheme by reference to employment or to membership of a particular organisation. (Schemes established under a trust (“trust schemes”) are already permitted to do this.) (regulations 3(3) and (4), 4 and 5);,
—,,to clarify, for both non-trust and trust schemes, that restrictions may be imposed on payment of contributions by cash or credit card (regulation 3(4));,
—,,to include the authorised corporate director of an open-ended investment company among the categories of person who may be the manager of a non-trust scheme (regulation 2); and,
—,,to clarify the reference in regulation 3(1) of the principal Regulations to “pension credits” (regulation 3(2)).,