The Occupational Pension Schemes (Investment) Regulations (Northern Ireland) 1996
These Regulations impose restrictions on the amount of the resources of an occupational pension scheme which may be invested in employer-related investments. They also exempt certain schemes from the requirement imposed on trustees of trust schemes by Article 35 of the Pensions (Northern Ireland) Order 1995 (“the Order”) to obtain a statement of the principles governing decisions about investments for the purposes of the scheme. The Regulations replace the Occupational Pension Schemes (Investment of Scheme’s Resources) Regulations (Northern Ireland) 1992 which are now revoked.