Status: You are viewing the version of the handbook as on 2011-04-29.

OPS activity

      1. (a) managing investments in a case where the assets managed are:
        1. (i) held for the purposes of an occupational pension scheme; or
        1. (ii) held for the purposes of a welfare trust established by a person who is, or has been at any time during the last 12 months, an associate of the OPS firm; or
        1. (iii) assets of an OPS collective investment scheme;
      1. (b) any one or more of the following activities undertaken in the course of, or incidental to, the operation of an occupational pension scheme, welfare trust or OPS collective investment scheme:
        1. (i) dealing in investments as principal;
        1. (ii) dealing in investments as agent;
        1. (iii) arranging (bringing about) deals in investments;
        1. (iv) making arrangements with a view to transactions in investments;
        1. (v) safeguarding and administering investments;
        1. (vi) advising on investments;
        1. (vii) receiving or holding client money.4