The Personal and Occupational Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 1996

Amendment of the Personal Pension Schemes (Disclosure of Information) Regulations

3.—(1) The Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 1987(1) shall be amended in accordance with paragraphs (2) to (4).

(2) In regulation 1(2) (interpretation) after the definition of “member” there shall be inserted the following definition—

  • “pensionable age” has the meaning given by the rules in paragraph 1 of Schedule 2 to the Pensions (Northern Ireland) Order 1995;.

(3) In regulation 5(4)(a) (information to be made available to individuals) for “pensionable age” there shall be substituted “the agreed age at which he is entitled to receive benefits under the scheme or pensionable age, whichever is the earlier”.

(4) In paragraph 7 of Schedule 1 after “annuities,” there shall be inserted “discharged by the making of payments under an interim arrangement”.

(1)

S.R. 1987 No. 288; relevant amending regulations are S.R. 1988 No. 107, S.R. 1992 No. 304 and S.R. 1994 No. 300