UK GVT issued Occupational Pension Schemes (Collective Money Purchase Schemes) (Miscellaneous Amendments) Regulations 2025 (StIn 2025/1113), and memo.
Follows UK GVT Mar. 2022, collective money purchase schemes rules, see #131590.
Follows UK GVT Jul. 2021, collective money purchase scheme rules, see #111455.
Follows UK GVT Dec. 2021, commenced certain provisions of 2021 Act, see #123547.
Statutory Instrument Provisions
The purpose of this instrument is to make minor technical corrections and changes to secondary legislation in relation to collective money purchase schemes.
This is described in explanatory memorandum (memo) as a type of trust-based occupational pension scheme introduced by the Pension Schemes Act 2021.
Specifically, the instrument makes minor technical corrections existing regulations.
Amendments to Existing Regulations
This includes the Occupational and Personal Pension Schemes (Consultation by Employers and Miscellaneous Amendment) Regulations 2006, amongst others.
Also, the Occupational Pension Schemes (Modification of Schemes) Regulations 2006.
This is in order to omit duplicated words and to insert definitions to provide clarity.
In addition, the instrument amends the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 (Disclosure Regulations 2013).
The aim is to make minor technical corrections, and adjust those Regulations to improve the efficacy of the disclosure and publication requirements that are set out.
Effectiveness
The StIn 2025/1113 regulations comes into force on Dec. 4, 2025.
