Regulatory Alerts2001-01-01
Retirement Benefits Schemes (Management and Miscellaneous Provisions) Regulations 2001
The Treasury of the Isle of Man issued these Regulations to prescribe detailed management and administrative requirements for retirement benefits schemes under the Retirement Benefits Schemes Act 2000. The rules mandate the maintenance of a public register for scheme administrators, define authorization qualifications, and impose strict notification and conflict-of-interest obligations on administrators and trustees. Additionally, the Regulations specify exemptions from registration for certain schemes, allow deed poll structures for insurer-established personal schemes, and set out prescribed particulars for changes in trustee or administrator appointments.
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