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.”.