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The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014

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[F1Incorrect benefit adjustments in collective money purchase schemesN.I.

This section has no associated Explanatory Memorandum

22B.(1) The information listed in paragraphs 21 to 27 of Schedule 7 must be given in accordance with this regulation where—

(a)the scheme is a collective money purchase scheme, and

(b)a benefit adjustment has not been applied in accordance with the scheme rules or (as the case may be) the latest actuarial valuation.

(2) The information must be given as soon as reasonably practicable to members and beneficiaries who have been or will be affected by the failure to apply the benefit adjustment in accordance with the scheme rules or (as the case may be) the latest actuarial valuation.]

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