Section 30A — Pensions Act 2008: Review of exercise of powers under section 28C

Review of exercise of powers under section 28C 30A 1 The Secretary of State must—

a review the effects of any regulations under section 28C (approvals in respect of asset allocation),

and b prepare, publish and lay before Parliament, a report of the review.

2 A review under subsection (1) must be conducted before the end of the period of 5 years beginning with the day on which the regulations in question come into force.

3 In carrying out the review the Secretary of State must take the following into account—

a whether and how the financial interests of members of Master Trust schemes and savers in group personal pension schemes have been affected by the regulations;

b the effects (if any) of the measures on economic growth in the United Kingdom;

c any other matters the Secretary of State considers appropriate.