[137FA FCA general rules: disclosure of information about pension scheme transaction costs etc]
[137FA FCA general rules: disclosure of information about pension scheme transaction costs etc]

[(1)     The FCA must make general rules requiring information about some or all of the transaction costs of a relevant scheme to be given to some or all of the persons mentioned in subsection (2).

(2)     Those persons are—

(a)     members of the scheme,

(b)     spouses or civil partners of members, and

(c)     persons within the application of the scheme and qualifying or prospectively qualifying for its benefits.

(3)     The FCA must make general rules requiring the publication of information about—

(a)     some or all of the transaction costs of a relevant scheme, and

(b)     some or all of the administration charges imposed on members of a relevant scheme.

(4)     Rules made by virtue of subsection (3) may require other relevant information to be published along with information about transaction costs or administration charges in relation to a scheme.