127 Administration charges
Pension Schemes Act 2021 (2021 c 1) | Legislation

Administration charges

127  Administration charges

(1)     In section 1 of the Welfare Reform and Pensions Act 1999 (meaning of “stakeholder pension scheme”), in subsection (5) (fourth condition: charge cap)—

(a)     for “result in” substitute “constitute”;

(b)     after “members” insert “or the making of transfer payments with a

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