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SCHEDULES

SCHEDULE 4U.K.Regulatory oversight

4U.K.After section 14 there is inserted—

14AAppointment of skilled person to assist public service pension scheme

(1)The Regulator may, if it considers it desirable for the purpose of ensuring compliance with pensions legislation, appoint a person to assist the pension board of a public service pension scheme in the discharge of its functions.

(2)A person appointed under this section may be any person appearing to the Regulator to have the necessary skills.

(3)The pension board of a public service pension scheme must have regard to the advice of a person appointed under this section.

(4)The costs of a person appointed under this section are to be met by the scheme manager of the scheme.

(5)In subsection (1) “pensions legislation” has the same meaning as in section 13.

Commencement Information

I1Sch. 4 para. 4 in force at 1.4.2015 by S.I. 2015/4, art. 4(1)(b)