7 Fit and proper persons requirement
Pension Schemes Act 2017 (2017 c 17) | Legislation

Authorisation criteria

7  Fit and proper persons requirement

(1)     This section applies for the purposes of enabling the Pensions Regulator to decide whether it is satisfied that the persons involved in a Master Trust scheme are fit and proper persons (see section 5(3)(a)).

(2)     The Pensions Regulator must assess whether each of the following is a fit and proper person to act in relation to the scheme in the capacity mentioned—

(a)     a person who establishes the scheme;

(b)     a trustee;

(c)     a person who (alone or with others) has power to appoint or remove a trustee;

(d)     a person who (alone or with others)

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