template

Standard Trust Deed And Rules For Pension Scheme (Private Sector)

by
Genie Team
Genie Team
Oct, 06 2022

When to use this template

A standard-form trust deed and rules for a private-sector occupational pension scheme providing benefits on a final-salary, career-average, and money purchase basis.

Key issues covered in this template

  • Age, shares, gifts over
  • Appoint adviser
  • Clause 23 benefits
  • Continuous service
  • Duty of confidentiality
  • Legal proceedings
  • Normal Pension Age
  • Seek consent
  • Unpaid leave
  • pension sharing
  • The Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021

What to watch out for

  • The standard-form trust deed and rules for a private-sector occupational pension scheme providing benefits on a final-salary, career-average and money purchase basis

  • The scheme's trustees and the employer(s) who are party to the scheme

  • The scheme's beneficiaries (i.e. the members and their dependants)

  • The scheme's assets and how they are held/invested

  • The scheme's liabilities, including any unfunded benefits

  • The scheme's funding arrangements, including any deficit

  • The scheme's governing law and jurisdiction

4

Used by

Author

Genie Team

Genie Team

@genieteam
Genie AI

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

a
A
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Consultancy
60%
Education
20%
Finance
20%

Additional information

Business categories

Business activities

Relevant sectors

Agriculture, Forestry and Fishing

Mining

Construction

Transport

Wholesale

Manufacturing

Energy

Retail

Finance

Real Estate

Consumer, Public & Health Services

Media

Insurance

Legal Services

Education

Technology

Sport & Entertainment

Consultancy

Public Administration

Other

Relevant company sizes

1 - 3

20 - 49

250 - 999

4 - 19

50 - 249

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes