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Financial Services and Markets Act 2000

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Changes over time for: Cross Heading: Giving of pensions guidance

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Version Superseded: 01/04/2016

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Point in time view as at 07/03/2016.

Changes to legislation:

Financial Services and Markets Act 2000, Cross Heading: Giving of pensions guidance is up to date with all changes known to be in force on or before 22 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

[F1Giving of pensions guidanceU.K.

Textual Amendments

333BTreasury's role in relation to pensions guidanceU.K.

(1)The Treasury must take such steps as they consider appropriate to ensure that people have access to pensions guidance.

(2)The Treasury may—

(a)seek to increase awareness of the availability of the guidance;

(b)undertake or commission research relating to the giving of the guidance.

333CGiving of pensions guidanceU.K.

(1)The bodies listed in subsection (2) are to give pensions guidance in accordance with arrangements made with the Treasury.

(2)Those bodies are—

(a)the Pensions Advisory Service Limited;

(b)the National Association of Citizens Advice Bureaux;

(c)the Scottish Association of Citizens Advice Bureaux;

(d)the Northern Ireland Association of Citizens Advice Bureaux.

(3)The bodies listed in subsection (2) may give pensions guidance by arranging for it to be given by another person (including another listed body).

(4)The National Association of Citizens Advice Bureaux, the Scottish Association of Citizens Advice Bureaux and the Northern Ireland Association of Citizens Advice Bureaux may jointly carry out their functions of giving pensions guidance.

(5)The Treasury may by regulations repeal one or more of paragraphs (a) to (d) of subsection (2).

(6)Regulations under subsection (5) may make consequential amendments of this Act.

333DFinancial assistance to bodies involved in giving pensions guidanceU.K.

(1)The Treasury may make grants or loans or give any other form of financial assistance to—

(a)the Pensions Advisory Service Limited;

(b)the Northern Ireland Association of Citizens Advice Bureaux.

(For the power to make grants to the National Association of Citizens Advice Bureaux and the Scottish Association of Citizens Advice Bureaux see section 40A of the Consumers, Estate Agents and Redress Act 2007.)

(2)Any grant, loan or other form of financial assistance under subsection (1)—

(a)is to be made or given for the purpose of enabling the body to carry out its functions under section 333C(1), and

(b)may be made or given subject to such other terms as the Treasury consider appropriate.]

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