The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2006
Article 2 of this Order amends the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544) (“the Principal Order”) by substituting new articles for article 52 (establishing etc. a stakeholder pension scheme) and article 82 (rights under a stakeholder pension scheme). Under article 52 as substituted, establishing, operating or winding up a personal pension scheme (as well as establishing etc. a stakeholder pension scheme) is a regulated activity for the purposes of the Financial Services and Markets Act 2000 (c. 8) (“the Act”). Under article 82 as substituted, rights under a personal pension scheme become investments falling within the scope of regulation under the Act.