The Retirement Annuity Trust Schemes Rules, 20109th November 2010
These Rules were the subject of a presentation by the Commission to the finance sector on 20 October 2010. They will come into force on 1 January 2011 and are available here.
The Rules originated in a consultation exercise concluding in late 2009 on regulatory requirements applicable to insurance intermediaries, investment businesses and fiduciaries who provide services in relation to Retirement Annuity Trust Schemes. The new requirements, and the Rules containing those, have been finalised after further work by a cross-sectoral group including Commission and finance sector representatives.