Exisiting/Revised/New: Exisiting
Date of Screening: 31/01/2023
Screening Outcome - Full EQIA recommended: No
The proposed Statutory Rule, the Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2023 revokes and replaces the Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2022 (S.R. 2022 No. 191) (“the Collective Money Purchase Schemes Regulations”).
The Collective Money Purchase Schemes Regulations implement a new authorisation and supervisory regime for collective money purchase schemes a type of occupational pension scheme in which the contributions of members and employers are pooled and invested with a view to delivering benefits at the level to which the scheme aspires.
The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2023