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

[F1 Information to be given on request and on a member providing certain information N.I.

18A.— (1) The information mentioned in paragraph (2) must be given in accordance with this regulation to a member who—

(a) has an opportunity to transfer flexible benefits;

(b) (i) requests information about what the member may do with the flexible benefits, or

(ii) informs the trustees or managers of the scheme that the member is considering, or has made a decision in relation to, what to do with the flexible benefits;

(c) (i) will reach normal minimum pension age within 4 months of making a request, or informing the trustees or managers of the scheme, in accordance with sub-paragraph (b);

(ii) has reached normal minimum pension age, or

(iii) meets the ill-health condition, and

(d) has not been given information under this regulation or regulation 19(2)(b)(ii) in the previous 12 months.

(2) The information is—

(a) a statement of the options available to the member under the scheme rules, and

(b) that listed in Part 3 of Schedule 7 and in Schedule 9A.

(3) The information must be given within 2 months of the member making a request, or informing the trustees or managers of the scheme, in accordance with paragraph (1)(b).]

Textual Amendments

F1 Regs. 18A-18B inserted (6.4.2015) by The Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2015 (S.R. 2015/154), regs. 1(1), 6