45 Prohibition on increasing charges etc during triggering event period
Pension Schemes Act 2021 (2021 c 1) | Legislation

45  Prohibition on increasing charges etc during triggering event period

(1)     During a triggering event period for a collective money purchase scheme, the trustees must not—

(a)     impose administration charges on or in respect of members at levels above those set out in the implementation strategy,

(b)     impose new administration charges on or in respect of members, or

(c)     impose administration charges on or in respect of a member in consequence of the member leaving, or deciding to leave, the scheme during that period.

(2)     The trustees of a receiving scheme that is a collective money purchase scheme or a Master Trust scheme must not—

(a)     impose administration charges on or in respect of members

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