40 Approval of implementation strategy

40  Approval of implementation strategy

(1)     The Pensions Regulator may approve an implementation strategy only if it is satisfied that the strategy is adequate.

(2)     Subsections (3) to (6) apply for the purposes of enabling the Pensions Regulator to decide whether it is satisfied that an implementation strategy for a collective money purchase scheme is adequate.

(3)     An implementation strategy must include information about the levels of administration charges in relation to members of the scheme.

(4)     The information must—

(a)     relate

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