The Occupational and Personal Pension Schemes (DisclosureofInformation) Regulations (Northern Ireland) 2014

[F1Benefit adjustment information: collective money purchase schemesN.I.

This section has no associated Explanatory Memorandum

22A.(1) Information listed in paragraphs 15 to 20 of Schedule 7 must be provided in accordance with this regulation to members and beneficiaries of a collective money purchase scheme.

(2) The information must be given each time an actuarial valuation is obtained—

(a)as soon as reasonably practicable after the certification of the actuarial valuation by the scheme actuary, and

(b)no less than 6 weeks before any adjustment to the rate or amount of benefits provided under the scheme following the latest actuarial valuation is applied, where reasonably practicable.]