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Version status: Omitted | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2019 - onwards
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333H. Standards for giving of pensions guidance by designated guidance providers

Omitted from 1 January 2019

(1) The FCA must from time to time set standards for the giving of pensions guidance by designated guidance providers.

(2) A failure by a designated guidance provider to comply with a standard set under this section is actionable at the suit of a private person who suffers loss as a result of the failure, subject to the defences and other incidents applying to actions for breach of statutory duty.

(3) In subsection (2) "private person" has the same meaning as in section 138D.

(4) Standards set under this section may provide for subsection (2) not to apply to a failure to comply with a specified provision of the standards.

(5) Standards set under this section -

(a) may make different provision for different cases and may, in particular, make different provision in respect of different classes of designated guidance providers or different types of pensions guidance;

(b) may include incidental, supplemental, consequential or transitional provision.

(6) The procedural provisions of th

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