SCHEDULES
SCHEDULE 17AUTOMATIC TRANSFER OF PENSION BENEFITS ETC.
PART 1AUTOMATIC TRANSFER OF PENSION BENEFITS
Automatic transfer scheme to find out whether members have transferable benefits
2
1
The regulations must require the trustees or managers of an automatic transfer scheme to take steps to find out whether a qualifying member of the scheme has transferable benefits under another pension scheme.
2
The regulations may make provision—
a
about when a step is to be taken (for example, within a prescribed period after a person becomes a qualifying member or at prescribed intervals);
b
for the steps to be taken at any particular time to relate to a particular qualifying member, or to some or all qualifying members.