Regulation for the Administration of Legacy Pension Assets
The Regulations on Administration of Legacy Pension Assets is divided into seven (7) sections. Section one is the introduction while Section two sets out the rules of general application. Administering Real Estate Legacy Pension Assets are spelt out in Section three. Section four outlines the sale of Real Estate, while Section five addresses modalities and options for Transfers to RSAs. Section six and seven addresses the Fees, Charges, and approvals respectively.
The requirements of these Guidelines are consistent with the provisions of the Pension Reform Act, 2004.