PROD 1.6 Application of PROD 6

PROD 6 applies to a firm:

1. (1)

   that manufactures or distributes pathway investments or default options in connection with its operating of a retail client’s personal pension scheme or stakeholder pension scheme;

2. (2)

   within the scope of PROD 4 when manufacturing pathway investments or default options, other than in connection with its operating of a retail client’s personal pension scheme or stakeholder pension scheme, as guidance with respect to that manufacturing activity;

3. (3)

   within the scope of PROD 3 when manufacturing pathway investments or default options, other than in connection with its operating of a retail client’s personal pension scheme or stakeholder pension scheme, as guidance with respect to that manufacturing activity.