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8.—(1) Regulation 19 (first information on accessing benefits)(1) is amended as follows.
(2) In paragraph (1) for “rights to money purchase benefits or cash balance benefits” substitute “a right or entitlement to flexible benefits”.
(3) For paragraph (2) substitute—
“(2) The information is—
(a)where the member has been given information in accordance with regulation 18A in the 12 months before the date on which the trustees or managers of the scheme give information under this regulation—
(i)a statement that the member has been given information about—
(aa)the flexible benefits that may be provided to the member;
(bb)the member’s opportunity to transfer those benefits; and
(cc)the options available to the member under the scheme rules; and
(ii)that listed in paragraphs 1 to 9 of Schedule 10; and
(b)in any other case—
(i)a statement of the options available to the member under the scheme rules; and
(ii)where the member has an opportunity to transfer flexible benefits, that listed in Part 3 of Schedule 7 and in Schedule 10.”.
(4) In paragraph (4) for “10” substitute “20”.
Regulation 19 was amended by S.I. 2014/1711.
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