EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations update references to the prescribed body in a number of occupational and personal pension schemes regulations as a consequence of the dissolution of the Board for Actuarial Standards (a former operating body of the Financial Reporting Council) and the Financial Reporting Council becoming directly responsible for issuing and maintaining technical actuarial standards and related functions.

The Financial Reporting Council can be contacted at 5th Floor, Aldwych House, 71-91 Aldwych, London, WC2B 4HN.

A full impact assessment has not been published for this instrument as it has no impact on the costs of the private sector or civil society organisations.