Amendment of regulation 2110.
In regulation 21(2) (accessing benefits on the death of the member or beneficiary)—
(a)
omit “and” at the end of sub-paragraph (a);
(b)
at the end of sub-paragraph (b) insert—
“; and
(c)
Part 1 of Schedule 10 where the person has an opportunity to—
(i)
transfer accrued rights to flexible benefits out of the scheme under the scheme rules;
(ii)
apply sums or assets held for the purpose of providing flexible benefits for purchasing an annuity;
(iii)
take payment of a lump sum in respect of flexible benefits; or
(iv)
designate sums or assets held for the purpose of providing flexible benefits as available for the payment of drawdown pension.”.