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The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013

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Changes over time for: Part 3

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Point in time view as at 01/10/2021.

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There are currently no known outstanding effects for the The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013, Part 3. Help about Changes to Legislation

[F1Part 3E+W+SInformation to be Given to Members Having an Opportunity to Transfer Flexible Benefits

11.  A statement that the member has an opportunity to transfer flexible benefits to one or more different pension providers.E+W+S

12.  A statement that different pension providers offer different options in relation to what the member can do with the flexible benefits, including the option to select an annuity.E+W+S

13.  A statement that different options have different features, different rates of payment, different charges and different tax implications.E+W+S

14.  Either—E+W+S

(a)a copy of guidance that explains the characteristic features of the options referred to in paragraph 13 that has been prepared or approved by the Regulator; or

(b)a statement that gives materially the same information as that guidance.]

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