The Local Government Pension Scheme (Pooling, Management and Investment of Funds) Regulations 2026
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
8 Authorisation by the Financial Conduct Authority
(1) Subject to paragraph (2), before managing any funds or other assets of the Scheme for which an authority is responsible, any relevant asset pool company must be authorised as— (a) a full-scope UK AIFM, or (b) an investment firm with its head office in the United Kingdom (or, if the firm has a registered office, with its registered office in the United Kingdom). (2) On and after 30th September 2027, any relevant asset pool company must be authorised as a full-scope UK AIFM. (3) In this regulation— “full-scope UK AIFM” has the same meaning as in section 417(1) of the 2000 Act (definitions); “investment firm” has the same meaning as in section 424A(1) of the 2000 Act (investment firm).
8 Authorisation by the Financial Conduct Authority
(1) Subject to paragraph (2), before managing any funds or other assets of the Scheme for which an authority is responsible, any relevant asset pool company must be authorised as— (a) a full-scope UK AIFM, or (b) an investment firm with its head office in the United Kingdom (or, if the firm has a registered office, with its registered office in the United Kingdom). (2) On and after 30th September 2027, any relevant asset pool company must be authorised as a full-scope UK AIFM. (3) In this regulation— “full-scope UK AIFM” has the same meaning as in section 417(1) of the 2000 Act (definitions); “investment firm” has the same meaning as in section 424A(1) of the 2000 Act (investment firm).
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.