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Textual Amendments
F1Sch. 7 Pt. 3 inserted (6.4.2015) by The Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations 2015 (S.I. 2015/482), regs. 1, 13(3)
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.]