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

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Changes over time for: The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (Schedules only)

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Version Superseded: 31/12/2020

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SCHEDULES

Regulation 4(1), (4) and (5)

SCHEDULE 1N.I.Description of schemes

1.—(1) An occupational pension scheme falls within this paragraph if it meets the following conditions.N.I.

(2) The first condition is that the scheme—

(a)is a tax registered scheme;

(b)was formerly—

(i)approved by HMRC for the purposes of section 590 or 591 of the Income and Corporation Taxes Act 1988(1);

(ii)a statutory scheme as defined in section 611A(2) of that Act, or

(iii)approved by HMRC under Chapter 4 of Part 14(3) of that Act;

(c)has a superannuation fund as referred to in section 615(6) of the Income and Corporation Taxes Act 1988 (exemption from tax in respect of certain pensions) and has trustees or managers of the scheme who are—

(i)authorised under Article 264 of the 2005 Order (general authorisation to accept contributions from European employers), and

(ii)approved under Article 265(4) of the 2005 Order (approval in relation to a particular European employer) in relation to a European employer(5), or

(d)is a public service pension scheme(6).

(3) The second condition is that the scheme—

(a)has 2 or more members;

(b)does not provide only death benefits;

(c)is established in the United Kingdom or has at least one trustee or manager resident in the United Kingdom, and

(d)is not established by the Salvation Army Act 1963(7).

Commencement Information

I1Sch. 1 para. 1 in operation at 6.4.2014, see reg. 1(1)

2.  A personal pension scheme falls within this paragraph if it is not a pension scheme that is—N.I.

(a)either—

(i)set up or established in an annuity contract, or

(ii)a trust scheme, and

(b)to be treated as becoming a registered pension scheme under section 153(9) of the Finance Act 2004(8) (registration of pension schemes) in accordance with paragraph 1(1)(f) of Schedule 36 to that Act (deemed registration of existing schemes).

Commencement Information

I2Sch. 1 para. 2 in operation at 6.4.2014, see reg. 1(1)

Regulations 6(2), 7(2), 8(1) and 18(1)

SCHEDULE 2N.I.Basic information

PART 1N.I.Information to be given by occupational pension schemes that fall within paragraph 1 of Schedule 1

1.  The conditions persons must meet to become members of the scheme and a summary of the categories of persons who are eligible to become members of the scheme.N.I.

Commencement Information

I3Sch. 2 para. 1 in operation at 6.4.2014, see reg. 1(1)

2.  How persons who are eligible to be members of the scheme are admitted to it.N.I.

Commencement Information

I4Sch. 2 para. 2 in operation at 6.4.2014, see reg. 1(1)

3.  A summary of what can be done with a member’s accrued rights where the member leaves pensionable service before normal pension age, including whether accrued rights can be transferred out of the scheme, converted into an annuity[F1, designated as available for the payment of drawdown pension] and commuted to a lump sum.N.I.

Textual Amendments

Commencement Information

I5Sch. 2 para. 3 in operation at 6.4.2014, see reg. 1(1)

4.  A statement relating to the matters mentioned in paragraph 3—N.I.

(a)as to whether a charge may be made, and

(b)that further information is available on request.

Commencement Information

I6Sch. 2 para. 4 in operation at 6.4.2014, see reg. 1(1)

[F24A.  Where the member has flexible benefits, a statement explaining the circumstances in which the member may transfer accrued rights to flexible benefits out of the scheme.N.I.

Textual Amendments

4B.  [F3Subject to paragraph 4C] Where the member has safeguarded benefits (which has the meaning given in section 51(8) of the Pension Schemes Act 2015 (independent advice in respect of conversions and transfers: Northern Ireland)), a statement that the member may be required to take independent advice before the member may—

(a)convert any of the safeguarded benefits into different benefits that are flexible benefits under the scheme;

(b)transfer safeguarded benefits to another pension scheme with a view to acquiring a right or entitlement to flexible benefits, and

(c)withdraw an uncrystallised funds pension lump sum (which has the meaning given in paragraph 4A of Schedule 29 to the Finance Act 2004) (uncrystallised funds pension lump sum).]

Textual Amendments

[F44C.  Paragraph 4B does not apply to a member of an occupational pension scheme that is an unfunded public service defined benefits scheme, unless it is a scheme in relation to which section 91(2A)(a)(i) of the 1993 Act has been disapplied, pursuant to section 91(2B) of the 1993 Act.]N.I.

Textual Amendments

5.  Whether the scheme is a tax registered scheme or, if not, whether an application for the scheme to become a tax registered scheme is under consideration by HMRC.N.I.

Commencement Information

I7Sch. 2 para. 5 in operation at 6.4.2014, see reg. 1(1)

6.  A statement that explains whether transfers can be made into the scheme, including whether such transfers can be made in accordance with [F5Chapters 1 and 2 of Part 4ZA] of the 1993 Act.N.I.

Textual Amendments

Commencement Information

I8Sch. 2 para. 6 in operation at 6.4.2014, see reg. 1(1)

7.  The arrangements, if any, for the payment by members of additional voluntary contributions.N.I.

Commencement Information

I9Sch. 2 para. 7 in operation at 6.4.2014, see reg. 1(1)

8.  A summary of how the contributions, if any, payable by the employer and the member are calculated.N.I.

Commencement Information

I10Sch. 2 para. 8 in operation at 6.4.2014, see reg. 1(1)

9.  Where the scheme is the National Employment Savings Trust Corporation established under section 75(1) of the Pensions Act 2008(9), a statement of the maximum amount, if any, of contributions that may be paid in any tax year in relation to a member of the scheme.N.I.

Commencement Information

I11Sch. 2 para. 9 in operation at 6.4.2014, see reg. 1(1)

10.  A statement that—N.I.

(a)the [F6Money and Pensions Service] (10) is available at any time to assist members and beneficiaries with—

(i)pensions questions, and

(ii)issues they have been unable to resolve with the trustees or managers of the scheme;

(b)the Pensions Ombudsman(11) may investigate and determine certain complaints or disputes about pensions that are referred to the Pensions Ombudsman in accordance with the 1993 Act, and

(c)the Regulator may intervene in the running of schemes where trustees, managers, employers or professional advisers have failed in their duties.

Textual Amendments

Commencement Information

I12Sch. 2 para. 10 in operation at 6.4.2014, see reg. 1(1)

11.  The postal address and electronic address at which each of the bodies referred to in paragraph 10 may be contacted.N.I.

Commencement Information

I13Sch. 2 para. 11 in operation at 6.4.2014, see reg. 1(1)

F712.  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.

Textual Amendments

Commencement Information

I14Sch. 2 para. 12 in operation at 6.4.2014, see reg. 1(1)

13.  If a member of the scheme has to give a period of notice to terminate that member’s pensionable service, the length of that period of notice.N.I.

Commencement Information

I15Sch. 2 para. 13 in operation at 6.4.2014, see reg. 1(1)

14.  Whether, and if so on what conditions (if any), a member of the scheme, whose pensionable service has terminated before normal pension age, may re-enter pensionable service.N.I.

Commencement Information

I16Sch. 2 para. 14 in operation at 6.4.2014, see reg. 1(1)

15.  The following information about benefits payable under the scheme (referred to in this paragraph as “benefits”)—N.I.

(a)what the benefits are;

(b)how benefits are calculated;

(c)how the scheme defines pensionable earnings, if appropriate;

(d)how and when benefits in payment are increased, if appropriate;

(e)the rate at which rights to benefits accrue, if appropriate;

(f)the conditions on which benefits are payable;

(g)when benefits (including survivor’s benefits) are payable.

Commencement Information

I17Sch. 2 para. 15 in operation at 6.4.2014, see reg. 1(1)

16.  Where the member has money purchase benefits, a statement that the value of the pension will depend on several factors including the amount of the contributions paid, [F8any cost of exercising any right to transfer the benefits, any charges payable, the age at which the member accesses the benefits,] the performance of [F9investments and any] cost of converting the benefit into an annuity.N.I.

Textual Amendments

Commencement Information

I18Sch. 2 para. 16 in operation at 6.4.2014, see reg. 1(1)

[F1016A.  Where the member has rights to cash balance benefits, a statement that the value of the pension will depend on several factors including the amount of contributions paid, [F11any cost of exercising any right to transfer the benefits, any charges payable, the age at which the member accesses the benefits,] any guaranteed interest or bonuses [F12applied and any] cost of converting the benefits into an annuity.]

Textual Amendments

17.  Except where the scheme is a public service pension scheme, a statement that the scheme annual report will be given on request.N.I.

Commencement Information

I19Sch. 2 para. 17 in operation at 6.4.2014, see reg. 1(1)

18.—(1) The scheme’s internal dispute resolution arrangements.N.I.

(2) The postal address or electronic address and job title of the person who should be contacted to use those arrangements.

(3) This paragraph does not apply to a scheme within Article 50(8) of the 1995 Order(12) (requirement for dispute resolution arrangements).

Commencement Information

I20Sch. 2 para. 18 in operation at 6.4.2014, see reg. 1(1)

PART 2N.I.Information to be given by occupational pension schemes not falling within paragraph 1 of Schedule 1 and schemes that are established under the Salvation Army Act 1963

19.  The following information about benefits payable under the scheme (referred to in this paragraph as “benefits”)—N.I.

(a)what the benefits are;

(b)how benefits are calculated;

(c)how the scheme defines pensionable earnings, if appropriate;

(d)how and when benefits in payment are increased, if appropriate;

(e)the rate at which rights to benefits accrue, if appropriate;

(f)the conditions on which benefits are payable;

(g)when benefits (including survivor’s benefits) are payable.

Commencement Information

I21Sch. 2 para. 19 in operation at 6.4.2014, see reg. 1(1)

20.  A statement that explains whether transfers can be made into the scheme, including whether such transfers can be made in accordance with [F13Chapters 1 and 2 of Part 4ZA] of the 1993 Act.N.I.

Textual Amendments

Commencement Information

I22Sch. 2 para. 20 in operation at 6.4.2014, see reg. 1(1)

21.  A summary of what can be done with a member’s accrued rights where the member leaves pensionable service before normal pension age, including whether the accrued rights can be transferred out of the scheme, converted into an annuity[F14, designated as available for the payment of drawdown pension] and commuted to a lump sum.N.I.

Textual Amendments

Commencement Information

I23Sch. 2 para. 21 in operation at 6.4.2014, see reg. 1(1)

22.  A statement relating to the matters mentioned in paragraph 21—N.I.

(a)as to whether a charge may be made, and

(b)that further information is available.

Commencement Information

I24Sch. 2 para. 22 in operation at 6.4.2014, see reg. 1(1)

[F1522A.  Where the member has flexible benefits, a statement explaining the circumstances in which the member may transfer accrued rights to flexible benefits out of the scheme.N.I.

Textual Amendments

22B.  [F16Subject to paragraph 22C] Where the member has safeguarded benefits (which has the meaning given in section 51(8) of the Pension Schemes Act 2015), a statement that the member may be required to take independent advice before the member may—

(a)convert any of the safeguarded benefits into different benefits that are flexible benefits under the scheme;

(b)transfer safeguarded benefits to another pension scheme with a view to acquiring a right or entitlement to flexible benefits, and

(c)withdraw an uncrystallised funds pension lump sum (which has the meaning given in paragraph 4A of Schedule 29 to the Finance Act 2004).]

Textual Amendments

[F1722C.  Paragraph 22B does not apply to a member of an occupational pension scheme that is an unfunded public service defined benefits scheme, unless it is a scheme in relation to which section 91(2A)(a)(i) of the 1993 Act has been disapplied, pursuant to section 91(2B) of the 1993 Act.]N.I.

Textual Amendments

23.—(1) The scheme’s internal dispute resolution arrangements.N.I.

(2) The postal address or electronic address and job title of the person who should be contacted to use those arrangements.

(3) This paragraph does not apply to a scheme within Article 50(8) of the 1995 Order.

Commencement Information

I25Sch. 2 para. 23 in operation at 6.4.2014, see reg. 1(1)

24.  A statement that—N.I.

(a)the [F18Money and Pensions Service] is available at any time to assist members and beneficiaries with—

(i)pensions questions, and

(ii)issues they have been unable to resolve with the trustees or managers of the scheme;

(b)the Pensions Ombudsman may investigate and determine certain complaints or disputes about pensions that are referred to the Pensions Ombudsman in accordance with the 1993 Act, and

(c)the Regulator may intervene in the running of schemes where trustees, managers, employers or professional advisers have failed in their duties.

Textual Amendments

Commencement Information

I26Sch. 2 para. 24 in operation at 6.4.2014, see reg. 1(1)

25.  The postal address and electronic address at which each of the bodies referred to in paragraph 24 may be contacted.N.I.

Commencement Information

I27Sch. 2 para. 25 in operation at 6.4.2014, see reg. 1(1)

[F1926.  A statement setting out—N.I.

(a)which benefits—

(i)are provided by means of the setting aside of resources (other than assets at the disposal of the employer of any person who is employed in relevant employment) for a benefit, before the benefit becomes payable, that are related to the intended rate or amount of benefit, and

(ii)are not provided by that means, and

(b)the manner in which any benefits mentioned in sub-paragraph (a)(i) are secured.]

Textual Amendments

27.  A statement that most of the provisions of the 1995 Order do not apply to the scheme.N.I.

Commencement Information

I28Sch. 2 para. 27 in operation at 6.4.2014, see reg. 1(1)

28.  Where the member has money purchase benefits, a statement that the value of the pension will depend on several factors including the amount of the contributions paid, the performance of investments and the cost of converting the benefit into an annuity.N.I.

Commencement Information

I29Sch. 2 para. 28 in operation at 6.4.2014, see reg. 1(1)

[F2028A.  Where the member has rights to cash balance benefits, a statement that the value of the pension will depend on several factors including the amount of contributions paid, any guaranteed interest or bonuses applied and the cost of converting the benefits into an annuity.]

Textual Amendments

PART 3N.I.Lifestyling

29.  A statement explaining lifestyling, its advantages and disadvantages, and either—N.I.

(a)that lifestyling will be adopted, indicating when lifestyling is likely to be adopted, or

(b)that lifestyling has been adopted.

Commencement Information

I30Sch. 2 para. 29 in operation at 6.4.2014, see reg. 1(1)

Regulations 11 to 14

SCHEDULE 3N.I.Information to be given on request

PART 1N.I.Information on the constitution of the scheme

1.  The contents of any trust deed or document under which the scheme is made.N.I.

Commencement Information

I31Sch. 3 para. 1 in operation at 6.4.2014, see reg. 1(1)

2.  The scheme rules.N.I.

Commencement Information

I32Sch. 3 para. 2 in operation at 6.4.2014, see reg. 1(1)

3.  The contents of any document that supplements or alters in any way the information referred to in paragraphs 1 and 2.N.I.

Commencement Information

I33Sch. 3 para. 3 in operation at 6.4.2014, see reg. 1(1)

4.  The name and postal address and electronic address of every person who employs any member of the scheme in relevant employment.N.I.

Commencement Information

I34Sch. 3 para. 4 in operation at 6.4.2014, see reg. 1(1)

PART 2N.I.Information in the annual report etc.

5.  A copy of the appropriate audited accounts or auditor’s statements prepared and audited in accordance with regulations made under Article 41 of the 1995 Order(13) (provision of documents for members).N.I.

Commencement Information

I35Sch. 3 para. 5 in operation at 6.4.2014, see reg. 1(1)

6.  If Part 4 of the 2005 Order applies, a copy of the certificate by the actuary under Article 206 of the 2005 Order (schedule of contributions) about the adequacy of the contributions payable towards the scheme.N.I.

Commencement Information

I36Sch. 3 para. 6 in operation at 6.4.2014, see reg. 1(1)

7.  Any of the information listed in Part 5 that applies.N.I.

Commencement Information

I37Sch. 3 para. 7 in operation at 6.4.2014, see reg. 1(1)

PART 3N.I.Information on funding principles and actuarial valuations etc.

8.  The latest statement of funding principles where required under Article 202 of the 2005 Order.N.I.

Commencement Information

I38Sch. 3 para. 8 in operation at 6.4.2014, see reg. 1(1)

9.  Where Part 4 of the 2005 Order applies to the scheme, a copy of the last actuarial valuation referred to in Article 203 of the 2005 Order (actuarial valuations and reports) that the trustees or managers of the scheme have received.N.I.

Commencement Information

I39Sch. 3 para. 9 in operation at 6.4.2014, see reg. 1(1)

10.  Where Part 4 of the 2005 Order applies to the scheme, the latest actuarial report referred to in Article 203 of the 2005 Order that the trustees or managers of the scheme have received after the last actuarial valuation.N.I.

Commencement Information

I40Sch. 3 para. 10 in operation at 6.4.2014, see reg. 1(1)

11.  Any recovery plan prepared under Article 205 of the 2005 Order that is currently in force.N.I.

Commencement Information

I41Sch. 3 para. 11 in operation at 6.4.2014, see reg. 1(1)

12.  The latest payment schedule under Article 85 of the 1995 Order(14) (schedules of payments to money purchase schemes) or the latest schedule of contributions under Article 206 of the 2005 Order that relates to the employer of the member.N.I.

Commencement Information

I42Sch. 3 para. 12 in operation at 6.4.2014, see reg. 1(1)

13.  The latest statement of principles governing decisions about investments where required by Article 35(15) of the 1995 Order.N.I.

Commencement Information

I43Sch. 3 para. 13 in operation at 6.4.2014, see reg. 1(1)

14.  A summary of the winding up procedure under Article 210A(16) of the 2005 Order (requirements for winding up procedure).N.I.

Commencement Information

I44Sch. 3 para. 14 in operation at 6.4.2014, see reg. 1(1)

PART 4N.I.Information on transfer credits

15.  Whether the member or prospective member is entitled to acquire transfer credits in exchange for—N.I.

(a)a specified cash equivalent (within the meaning of [F21Chapter 1 of Part 4ZA] , or Chapter 2 of Part 4A(17), of the 1993 Act) provided by another scheme, or

(b)any transfer payment (within the meaning of [F21Chapter 1 of Part 4ZA] , or Chapter 2 of Part 4A, of the 1993 Act) provided by another scheme.

Textual Amendments

Commencement Information

I45Sch. 3 para. 15 in operation at 6.4.2014, see reg. 1(1)

16.  A statement of any transfer credits referred to in paragraph 15 which the member or prospective member is entitled to acquire.N.I.

Commencement Information

I46Sch. 3 para. 16 in operation at 6.4.2014, see reg. 1(1)

PART 5N.I.Information that applies to the scheme

17.  The names of the persons who are trustees of the scheme, and in the case of a scheme none of the trustees of which is an individual, the names of the directors of any company that is a trustee, during the scheme year to which the information relates (referred to in this Part as “the year”).N.I.

Commencement Information

I47Sch. 3 para. 17 in operation at 6.4.2014, see reg. 1(1)

18.  The provisions of the scheme in relation to the appointment of trustees and their removal from office and, in the case of a scheme none of the trustees of which is an individual, the provisions in the articles of association of each trustee that relate to the appointment and removal from office of any directors.N.I.

Commencement Information

I48Sch. 3 para. 18 in operation at 6.4.2014, see reg. 1(1)

19.  The names of the professional advisers and of such banks, custodians and other persons and organisations who have acted for or who have been retained by the trustees during the year, with an indication (except in a case where regulation 12 is complied with by the trustees of a scheme for the first time) of any changes since the previous year.N.I.

Commencement Information

I49Sch. 3 para. 19 in operation at 6.4.2014, see reg. 1(1)

20.  The postal address and electronic address to which enquiries about the scheme generally or about an individual’s entitlement to benefit should be sent.N.I.

Commencement Information

I50Sch. 3 para. 20 in operation at 6.4.2014, see reg. 1(1)

21.  The number of beneficiaries and active, deferred and pensioner members as at any one date during the year.N.I.

Commencement Information

I51Sch. 3 para. 21 in operation at 6.4.2014, see reg. 1(1)

22.  Except in the case of a money purchase scheme, the percentage increases made (otherwise than in accordance with a legislative requirement) during the year (or, if there have been different increases for different individuals or groups of individuals, the maximum, minimum and average percentage increases) to—N.I.

(a)pensions that were payable, and

(b)deferred pensions,

with a statement whether the increases were to any extent discretionary.

Commencement Information

I52Sch. 3 para. 22 in operation at 6.4.2014, see reg. 1(1)

23.  Except in the case of a money purchase scheme that is a wholly insured scheme, the following information—N.I.

(a)where any cash equivalents F22... (within the meaning of [F23Chapter 1 of Part 4ZA] , or Chapter 2 of Part 4A, of the 1993 Act) paid during the year were not calculated and verified in the manner prescribed by regulations made under section 93(18) or 97I of the 1993 Act (calculation of cash equivalents), as the case may be, a statement explaining why;

(b)where any of the cash equivalents F22... paid during the year were less than the amount for which [F24section 90] (19) of the 1993 Act (right to cash equivalent) provides, a statement to that effect together with information as to why they were less;

(c)a statement of when full values became, or are likely to become, available, and

(d)a statement whether discretionary benefits are included in the calculation of the transfer values and, if so, the method by which the value of discretionary benefits is assessed.

Textual Amendments

Commencement Information

I53Sch. 3 para. 23 in operation at 6.4.2014, see reg. 1(1)

24.  A statement as to whether the accounts have been prepared and audited in accordance with regulations made under Article 41(1) and (6) of the 1995 Order (unless the scheme is exempt from such requirements by virtue of those regulations).N.I.

Commencement Information

I54Sch. 3 para. 24 in operation at 6.4.2014, see reg. 1(1)

25.  If the auditor’s statement made in accordance with regulations made under Article 41(1)(a) and (2)(b) of the 1995 Order is negative or qualified, an account of the reasons why and a statement as to how the situation has been or is likely to be resolved.N.I.

Commencement Information

I55Sch. 3 para. 25 in operation at 6.4.2014, see reg. 1(1)

26.  If such situation as is mentioned in paragraph 25 in respect of a previous scheme year was not resolved in a previous year, a statement as to how it has been or is likely to be resolved.N.I.

Commencement Information

I56Sch. 3 para. 26 in operation at 6.4.2014, see reg. 1(1)

27.  Who has managed the investments of the scheme during the year and the extent of any delegation of this function by the trustees.N.I.

Commencement Information

I57Sch. 3 para. 27 in operation at 6.4.2014, see reg. 1(1)

28.  Whether the trustees have produced a statement of the principles governing decisions about investments for the purposes of the scheme in accordance with Article 35(20) of the 1995 Order (unless the scheme is exempt from such requirement by virtue of regulations made under that Article) and, where the trustees have produced such a statement, a statement that a copy is available on request.N.I.

Commencement Information

I58Sch. 3 para. 28 in operation at 6.4.2014, see reg. 1(1)

29.  Except in relation to a wholly insured scheme, a statement as to the trustees’ policy on the custody of the scheme assets.N.I.

Commencement Information

I59Sch. 3 para. 29 in operation at 6.4.2014, see reg. 1(1)

30.  Where the scheme is one to which Article 35 of the 1995 Order applies, an investment report containing—N.I.

(a)a statement by the trustees or the fund manager providing details of any investments made for the scheme during the year that were not made in accordance with the statement of investment principles governing decisions about investments required under Article 35 of the 1995 Order;

(b)where investments for the scheme have been made in the year that do not accord with the statement of investment principles governing decisions about investments required under Article 35 of the 1995 Order (or were made in a previous year and continued to be held at the end of the year), a statement by the trustees or the fund manager giving the reasons why and explaining what action, if any, it is proposed to take or has already been taken to remedy the position;

(c)a review of the investment performance of the scheme’s fund—

(i)during the year, and

(ii)except where the scheme has existed for less than 3 scheme years, during a period of not less than 3 and not more than 5 scheme years ending with the year,

including an assessment of the nature, disposition, marketability, security and valuation of the scheme’s assets;

[F25(d)the policies specified in the following paragraphs of regulation 2 of the Occupational Pension Schemes (Investment) Regulations (Northern Ireland) 2005 (statement of investment principles) (“the Investment Regulations”)—

(i)paragraph (3)(b)(vi);

(ii)paragraph (3)(b) [(vii);]

(iii)paragraph (3)(c), and

[(iv)paragraph (3)(d), and]]

F26(e). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[F27(f)where the scheme is a relevant scheme within the meaning of the Occupational Pension Schemes (Scheme Administration) Regulations (Northern Ireland) 1997, a statement which must—

(i)set out how, and the extent to which, in the opinion of the trustees, the statement of investment principles required under Article 35 of the 1995 Order has been followed during the year;

(ii)describe any review of the statement of investment principles undertaken during the year in accordance with regulation 2(1) of the Investment Regulations and any other review of how the statement of investment principles has been met;

(iii)explain any change made to the statement of investment principles during the year and the reason for the [change;]

(iv)where no such review was undertaken during the year in accordance with regulation 2(1) of the Investment Regulations, give the date of the last [review, and]

[(v)describe the voting behaviour by, or on behalf of, trustees (including the most significant votes cast by trustees or on their behalf) during the year and state any use of the services of a proxy voter during that year.]]

Textual Amendments

Commencement Information

I60Sch. 3 para. 30 in operation at 6.4.2014, see reg. 1(1)

31.  A copy of any statement made on the resignation or removal of the auditor or actuary and made in accordance with regulations made under Article 47(6) of the 1995 Order (professional advisors).N.I.

Commencement Information

I61Sch. 3 para. 31 in operation at 6.4.2014, see reg. 1(1)

32.  Except where the scheme is a trust scheme that applies to earners in employments under different employers, where the scheme has employer-related investments (within the meaning of Article 40(2)(21) of the 1995 Order), a statement—N.I.

(a)as to the percentage of the scheme’s resources invested in such investments at the end of the year;

(b)if that percentage exceeds 5 per cent. as to the percentage of the scheme’s resources that are investments to which regulation 13 of the Occupational Pension Schemes (Investment) Regulations (Northern Ireland) 2005(22) (investments to which restrictions do not apply) applies, and

(c)if any resources of the scheme are invested in contravention of paragraph (1) of Article 40 of the 1995 Order—

(i)as to the steps the trustees or managers of the scheme have taken or propose to take to secure that the scheme complies with that Article, and

(ii)as to the time when any proposed steps will be taken.

Commencement Information

I62Sch. 3 para. 32 in operation at 6.4.2014, see reg. 1(1)

33.—(1) Where the scheme is a trust scheme that applies to earners in employments under different employers, a statement in accordance with paragraph 32 or a statement—N.I.

(a)listing the 100 largest investments by value held by the scheme as at the end of the year and stating what percentage of the resources of the scheme each such investment represents;

(b)identifying which of the investments referred to in head (a) are employer-related investments, and

(c)if, as at the end of the year, more than 5 per cent. of the resources of the scheme are invested in employer-related investments in contravention of Article 40(1) of the 1995 Order in relation to a particular employer—

(i)listing the employer-related investments and the name of the employer concerned;

(ii)as to the steps the scheme has taken or proposes to take to ensure that the percentage is reduced to 5 per cent. or less, and

(iii)as to the time when any proposed steps will be taken.

(2) In sub-paragraph (1) “employer-related investments” has the same meaning as in the definition in Article 40(2) of the 1995 Order but as if the following words in that definition were omitted—

(a)in paragraph (a) “or by any person who is connected with, or an associate of, the employer”, and

(b)“or any such person” in each place where they occur.

Commencement Information

I63Sch. 3 para. 33 in operation at 6.4.2014, see reg. 1(1)

[F2834.  Where the scheme is a relevant scheme within the meaning of the Occupational Pension Schemes (Scheme Administration) Regulations (Northern Ireland) 1997, the statement which the trustees or managers are required to prepare by regulation 23 of those Regulations (annual statement regarding governance).]N.I.

Textual Amendments

[F29PART 6N.I.Information to be given about pooled funds

Textual Amendments

35.—(1) A statement identifying in relation to the provision of money purchase benefits to the member—N.I.

(a)the international securities identification number (“the ISIN”) allocated in accordance with ISO 6166 (1st edition) published by the International Organisation for Standardisation on 31st August 2013 in relation to each collective investment scheme in which assets are directly invested on behalf of that member on the relevant date;

(b)in the case of each unit-linked contract entered into by, or on behalf of, the trustees or managers which is in force on the relevant date in relation to that member, the ISIN (where present) relating to each collective investment scheme directly attributable to that contract, and

(c)the name given by the manager of the collective investment scheme to the scheme to which an ISIN provided in accordance with head (a) or (b) relates.

(2) In this paragraph—

“collective investment scheme” has the meaning given in regulation 1(2) of the Occupational Pension Schemes (Investment) Regulations (Northern Ireland) 2005;

“the relevant date” means—

(a)

the date the request is made under regulation 12A, or

(b)

such earlier date as the trustees or managers of the scheme may specify which meets the following conditions—

(i)

the date must be no more than 6 months before the date of the request, and

(ii)

the trustees or managers of the scheme must be satisfied that the investment options in which the assets of the member were invested on the date specified are the same as those in which the member is invested on the date of the request.]

Regulation 15(1)

SCHEDULE 4N.I.Summary funding statements

1.  A summary that—N.I.

(a)explains the extent to which the assets of the scheme are adequate to cover its technical provisions, and

(b)is based on—

(i)the last actuarial valuation under Article 203 of the 2005 Order (actuarial valuations and reports) received by the trustees or managers of the scheme, and

(ii)any actuarial report under that provision they have received since that actuarial valuation.

Commencement Information

I64Sch. 4 para. 1 in operation at 6.4.2014, see reg. 1(1)

2.  In the case of the first summary funding statement issued in respect of the scheme, an explanation of the changes in the funding position of the scheme since—N.I.

(a)the last actuarial valuation of the scheme under Article 203(1)(a) of the 2005 Order, or

(b)if no such valuation was obtained, the last actuarial valuation under the scheme rules.

Commencement Information

I65Sch. 4 para. 2 in operation at 6.4.2014, see reg. 1(1)

3.  In the case of any subsequent summary funding statement, an explanation of any change in the funding position of the scheme since the date of the previous summary funding statement.N.I.

Commencement Information

I66Sch. 4 para. 3 in operation at 6.4.2014, see reg. 1(1)

4.  The actuary’s estimate of solvency contained in the last actuarial valuation under Article 203 of the 2005 Order received by the trustees or managers of the scheme.N.I.

Commencement Information

I67Sch. 4 para. 4 in operation at 6.4.2014, see reg. 1(1)

5.  A summary of any recovery plan prepared under Article 205 of the 2005 Order that is currently in force.N.I.

Commencement Information

I68Sch. 4 para. 5 in operation at 6.4.2014, see reg. 1(1)

6.  A statement explaining—N.I.

(a)whether the scheme has been modified under Article 210(2)(a) of the 2005 Order;

(b)whether the scheme is subject to directions by the Regulator under Article 210(2)(b) of the 2005 Order, and

(c)whether the scheme is bound by a schedule of contributions imposed by the Regulator under Article 210(2)(c) of the 2005 Order.

Commencement Information

I69Sch. 4 para. 6 in operation at 6.4.2014, see reg. 1(1)

7.  Where there has been a modification, directions or a schedule of contributions referred to in paragraph 6, a summary of the circumstances in which they were made.N.I.

Commencement Information

I70Sch. 4 para. 7 in operation at 6.4.2014, see reg. 1(1)

8.  A statement explaining whether any payment to the employer under Article 37(23) of the 1995 Order (payment of surplus to employer) has been made—N.I.

(a)in the case of the first summary funding statement issued in respect of the scheme, in the 12 months before the date on which that statement is prepared, and

(b)in the case of any subsequent summary funding statement issued in respect of the scheme, since the date of the last such statement.

Commencement Information

I71Sch. 4 para. 8 in operation at 6.4.2014, see reg. 1(1)

9.  Where a payment referred to in paragraph 8 has been made, the amount of that payment.N.I.

Commencement Information

I72Sch. 4 para. 9 in operation at 6.4.2014, see reg. 1(1)

Regulation 16(2)

SCHEDULE 5N.I.Statements of benefits: non money purchase benefits

PART 1N.I.Information for active members

1.  The amount of any benefits (and how they are calculated) that would be payable on a date specified by the trustees or managers of the scheme if the member of the scheme were to die in service.N.I.

Commencement Information

I73Sch. 5 para. 1 in operation at 6.4.2014, see reg. 1(1)

2.  One of the following amounts, chosen by the trustees or managers of the scheme, of the member’s benefits and survivors’ benefits calculated without regard to possible increases in the member’s salary—N.I.

(a)the amounts that would be payable from the date benefits are payable if pensionable service were to end on a date specified by the trustees or managers of the scheme;

(b)the amounts that would be payable from the date benefits are payable if pensionable service were to end on the member attaining normal pension age, or

(c)the amounts that would be payable from the date benefits are payable if pensionable service were to end on a date agreed between the member and the trustees or managers of the scheme.

Commencement Information

I74Sch. 5 para. 2 in operation at 6.4.2014, see reg. 1(1)

3.  The amount of the member’s pensionable remuneration on a date specified by the trustees or managers of the scheme.N.I.

Commencement Information

I75Sch. 5 para. 3 in operation at 6.4.2014, see reg. 1(1)

PART 2N.I.Information for active and deferred members

4.  The date on which the member’s pensionable service started.N.I.

Commencement Information

I76Sch. 5 para. 4 in operation at 6.4.2014, see reg. 1(1)

5.  A summary of the method for calculating the member’s benefits and any survivors’ benefits.N.I.

Commencement Information

I77Sch. 5 para. 5 in operation at 6.4.2014, see reg. 1(1)

6.  Details of how any deduction from benefits is calculated.N.I.

Commencement Information

I78Sch. 5 para. 6 in operation at 6.4.2014, see reg. 1(1)

PART 3N.I.Information for deferred members

7.  The date the member’s pensionable service ended.N.I.

Commencement Information

I79Sch. 5 para. 7 in operation at 6.4.2014, see reg. 1(1)

8.  The amount of the member’s benefits and survivors’ benefits payable from the date benefits are payable.N.I.

Commencement Information

I80Sch. 5 para. 8 in operation at 6.4.2014, see reg. 1(1)

9.  The amount of the member’s pensionable remuneration on the date pensionable service ended.N.I.

Commencement Information

I81Sch. 5 para. 9 in operation at 6.4.2014, see reg. 1(1)

PART 4N.I.Information for pension credit members

10.  The amount of the member’s benefits and survivors’ benefits payable from the date benefits are payable.N.I.

Commencement Information

I82Sch. 5 para. 10 in operation at 6.4.2014, see reg. 1(1)

11.  A summary of the method for calculating the member’s benefits and any survivors’ benefits.N.I.

Commencement Information

I83Sch. 5 para. 11 in operation at 6.4.2014, see reg. 1(1)

12.  Details of how any deduction from benefits is calculated.N.I.

Commencement Information

I84Sch. 5 para. 12 in operation at 6.4.2014, see reg. 1(1)

Regulation 17

SCHEDULE 6N.I.Statements of benefits: money purchase benefits [F30and cash balance benefits]

Textual Amendments

PART 1N.I.Information for all money purchase members

1.  The amount of contributions (before any deductions are made) credited to the member under the scheme during—N.I.

(a)in the case of an occupational pension scheme—

(i)the immediately preceding scheme year, and

(ii)the scheme year mentioned in regulation 17(9)(a) if—

(aa)contributions have been credited during that year, and

(bb)the information relating to that year has not been given, and

(b)in the case of a personal pension scheme, the 12 months immediately preceding a date specified by the managers of the scheme.

Commencement Information

I85Sch. 6 para. 1 in operation at 6.4.2014, see reg. 1(1)

2.  [F31Where an occupational pension scheme was a contracted-out scheme at any time before the abolition date(24)—N.I.

(a)the date of birth used in determining the appropriate age-related percentage for the purposes of section 38A(25) of the 1993 Act (reduced rate of Class 1 contributions, and rebates);

(b)the name and postal address or electronic address of a person who can be contacted if the date of birth is incorrect, and

(c)the amount of the contributions referred to in paragraph 1 paid to the scheme in respect of the member during the scheme years referred to in that paragraph which is attributable to—

(i)the minimum payments made by the member’s employer;

(ii)any payments made by the Department in accordance with Article 9(1) of the Social Security (Northern Ireland) Order 1986(26) (schemes becoming contracted-out between 1986 and 1993);

(iii)any age-related payments made by HMRC in accordance with section 38A(3) of the 1993 Act.]

Textual Amendments

Commencement Information

I86Sch. 6 para. 2 in operation at 6.4.2014, see reg. 1(1)

3.—[F31(1) Where a personal pension scheme was an appropriate scheme at any time before the abolition date—N.I.

(a)the date of birth used in determining the appropriate age-related percentage for the purposes of section 41(1)(27) of the 1993 Act (amount of minimum contributions);

(b)the name and postal address or electronic address of any person who can be contacted if the date of birth is incorrect, and

(c)the amount of the minimum contributions paid by HMRC in respect of the member during the 12 months preceding a specified date that are attributable to section 41(1) of the 1993 Act identifying separately that part of the contributions that is attributable to tax relief on the employee’s share of minimum contributions, being the difference between that share and the grossed-up equivalent of that share.

(2) In sub-paragraph (1)(c) the expressions “employee’s share” and “grossed-up equivalent” have the meanings given to them by section 202(3) and (4) of the Finance Act 2004(28) (minimum contributions under pensions legislation).]

Textual Amendments

Commencement Information

I87Sch. 6 para. 3 in operation at 6.4.2014, see reg. 1(1)

4.  The value of the member’s accrued rights under the scheme at a date specified by the trustees or managers of the scheme.N.I.

Commencement Information

I88Sch. 6 para. 4 in operation at 6.4.2014, see reg. 1(1)

5.  Any cash equivalent in respect of the transfer of the member’s rights mentioned in paragraph 4 that would be different from the values to be specified, at the date specified, under that paragraph, calculated in accordance with—N.I.

(a)sections 93(29) and 97I of the 1993 Act (calculation of cash equivalents), in the case of an occupational pension scheme, or

(b)regulations 3 and 4 of the Personal Pension Schemes (Transfer Values) Regulations (Northern Ireland) 1987(30) (calculation and verification and increases and reductions of cash equivalents), in the case of a personal pension scheme.

Commencement Information

I89Sch. 6 para. 5 in operation at 6.4.2014, see reg. 1(1)

[F325A.  Where the scheme is a relevant scheme within the meaning of the Occupational Pension Schemes (Scheme Administration) Regulations (Northern Ireland) 1997, details of how the member may obtain on request the information specified in paragraph 35 of Schedule 3.]N.I.

Textual Amendments

[F335B.  In relation to the information that must be published on a website in accordance with regulation 29A(2) [F34and (2A)] —N.I.

(a)the information specified in sub-paragraphs (a) to (d) of regulation 27(2), and

(b)a statement explaining the circumstances in which the information will be provided on request in hard copy form.]

Textual Amendments

PART 2N.I.Pension illustration

6.  [F35For money purchase benefits, an] illustration of the amount of the pension—

(a)that is calculated in accordance with paragraphs 7 and 8;

(b)an entitlement to which would be likely to accrue to the member, or be capable of being secured by the member, at the member’s retirement date, and

(c)in respect of rights to money purchase benefits that may arise under the scheme.

Textual Amendments

Commencement Information

I90Sch. 6 para. 6 in operation at 6.4.2014, see reg. 1(1)

[F366A.  For cash balance benefits, an illustration of the amount of the pension calculated—

(a)in accordance with paragraph 7(1)(a)(ii) and (2);

(b)in accordance with the rules of the scheme, and

(c)where appropriate, in a manner consistent with the relevant guidance,

that is likely to be secured by the member at the member's normal pension age in respect of the member's rights to cash balance benefits that have arisen or may arise under the scheme.]

Textual Amendments

7.—(1) The amount referred to in paragraph 6 must be calculated—N.I.

(a)by reference to—

(i)the relevant guidance, and

(ii)the assumptions listed in paragraph 8;

(b)having regard to the value of the member’s accrued rights to money purchase benefits under the scheme on the illustration date.

(2) For the purposes of paragraph 6, the calculation of the amount of the pension may take account of a lump sum.

Commencement Information

I91Sch. 6 para. 7 in operation at 6.4.2014, see reg. 1(1)

8.—(1) The assumptions are—N.I.

(a)where the calculation relates to the rights of a non-contributing member, that no contributions will be made to the scheme by the member, or on the member’s behalf, after the illustration date, or

(b)in any other case, that until the member’s retirement date—

(i)contributions to the scheme will be made by the member or on the member’s behalf, and

(ii)the scheme will maintain its tax registration under section 153 of the Finance Act 2004 (registration of pension schemes).

(2) In this paragraph “non-contributing member” means a member in respect of whom no further contributions to the scheme are due or expected after the illustration date.

Commencement Information

I92Sch. 6 para. 8 in operation at 6.4.2014, see reg. 1(1)

9.  A statement that the information given under this Part is given only for the purposes of illustration and that it does not represent any promise or guarantee as to the amount of benefit that may be receivable by the member or a beneficiary of the scheme under the scheme.N.I.

Commencement Information

I93Sch. 6 para. 9 in operation at 6.4.2014, see reg. 1(1)

10.  A statement of how the person to whom the information given under this Part relates may obtain from the trustees or managers of the scheme further details about that information.N.I.

Commencement Information

I94Sch. 6 para. 10 in operation at 6.4.2014, see reg. 1(1)

11.  A statement that general assumptions have been made.N.I.

Commencement Information

I95Sch. 6 para. 11 in operation at 6.4.2014, see reg. 1(1)

12.  A statement that any amounts in the information given under this Part are expressed in today’s prices.N.I.

Commencement Information

I96Sch. 6 para. 12 in operation at 6.4.2014, see reg. 1(1)

13.  The member’s retirement date used for the purposes of the information given under this Part.N.I.

Commencement Information

I97Sch. 6 para. 13 in operation at 6.4.2014, see reg. 1(1)

14.  The illustration date used for the purposes of the information given under this Part.N.I.

Commencement Information

I98Sch. 6 para. 14 in operation at 6.4.2014, see reg. 1(1)

PART 3N.I.Further information to be given on pension illustration

15.  A statement that—N.I.

(a)assumptions have been made about the nature of the investments made for the purposes of the member’s money purchase benefits and their likely performance, and

(b)those assumptions may not correspond with the investments actually made for those purposes or their actual performance.

Commencement Information

I99Sch. 6 para. 15 in operation at 6.4.2014, see reg. 1(1)

16.  A statement that the amount of any pension payable under the scheme to, or in respect of, the member will depend on considerations (including the performance of investments and the cost of buying an annuity at the time the pension becomes payable) which may be different from any assumptions made.N.I.

Commencement Information

I100Sch. 6 para. 16 in operation at 6.4.2014, see reg. 1(1)

[F3716A.  A statement that the amount of any pension payable under the scheme to or in respect of the member will depend on considerations (including the cost of buying an annuity at the time the pension becomes payable) which may be different from any assumptions made.]

Textual Amendments

17.  A statement of any—N.I.

(a)assumptions made relating to future contributions to the scheme;

(b)assumptions made relating to the lump sum, the level of increases in the pension and the pension payable to the spouse or civil partner, and

(c)changes to the assumptions mentioned in sub-paragraph (b) that were used for the previous information given under paragraph 6.

Commencement Information

I101Sch. 6 para. 17 in operation at 6.4.2014, see reg. 1(1)

Regulations [F3818A] to 22 and 25(2)

SCHEDULE 7N.I.Information to be given by schemes that relates to accessing benefits

Textual Amendments

PART 1N.I.Information to be given to persons having an opportunity to select an annuity

1.  A statement that the person has an opportunity to select an annuity.N.I.

Commencement Information

I102Sch. 7 para. 1 in operation at 6.4.2014, see reg. 1(1)

2.  A statement that the person has an opportunity to select the provider of the annuity.N.I.

Commencement Information

I103Sch. 7 para. 2 in operation at 6.4.2014, see reg. 1(1)

3.  A statement that different annuities have different features and different rates of payment including annuities that provide—N.I.

(a)the same payments every year;

(b)increasing payments every year;

(c)payments only for the person;

(d)payments for the person’s spouse or civil partner;

(e)a guarantee on the early death of the person.

Commencement Information

I104Sch. 7 para. 3 in operation at 6.4.2014, see reg. 1(1)

4.  Either—N.I.

(a)an explanation of the characteristic features of the annuities referred to in paragraph 3, or

(b)a copy of guidance giving that explanation that has been prepared or approved by the Regulator.

Commencement Information

I105Sch. 7 para. 4 in operation at 6.4.2014, see reg. 1(1)

5.  A statement that the person should consider taking advice about which annuity is most suitable for that person.N.I.

Commencement Information

I106Sch. 7 para. 5 in operation at 6.4.2014, see reg. 1(1)

PART 2N.I.Information on accessing benefits for members and survivors

6.  The amount of benefit that is payable.N.I.

Commencement Information

I107Sch. 7 para. 6 in operation at 6.4.2014, see reg. 1(1)

7.  If benefit is payable periodically—N.I.

(a)any conditions for continuing to make the payments, and

(b)any provisions which would allow the payments to be altered.

Commencement Information

I108Sch. 7 para. 7 in operation at 6.4.2014, see reg. 1(1)

8.  Any rights and options that persons have on the death of the member or beneficiary of the scheme.N.I.

Commencement Information

I109Sch. 7 para. 8 in operation at 6.4.2014, see reg. 1(1)

9.  Any procedures for exercising the rights and options referred to in paragraph 8.N.I.

Commencement Information

I110Sch. 7 para. 9 in operation at 6.4.2014, see reg. 1(1)

10.  The provisions (or, as the case may be, a statement that there are no provisions) under which the pension payable to the survivor of a member or beneficiary of the scheme may or will be increased and the extent to which such increases are dependent on the exercise of a discretion.N.I.

Commencement Information

I111Sch. 7 para. 10 in operation at 6.4.2014, see reg. 1(1)

[F39PART 3N.I.Information to be given to members having an opportunity to transfer flexible benefits

Textual Amendments

11.  A statement that the member has an opportunity to transfer flexible benefits to one or more different pension providers.N.I.

12.  A statement that different pension providers offer different options in relation to what the member can do with the flexible benefits, including the option to select an annuity.N.I.

13.  A statement that different options have different features, different rates of payment, different charges and different tax implications.N.I.

14.  Either—N.I.

(a)a copy of guidance that explains the characteristic features of the options referred to in paragraph 13 that has been prepared or approved by the Regulator, or

(b)a statement that gives materially the same information as that guidance.]

Regulations 23(3), 24(2) and 25(2)

SCHEDULE 8N.I.Information to be given by schemes about winding up

PART 1N.I.Information to be given by occupational pension schemes during winding up

1.  A statement that the scheme is being wound up.N.I.

Commencement Information

I112Sch. 8 para. 1 in operation at 6.4.2014, see reg. 1(1)

2.  The reasons why the scheme is being wound up.N.I.

Commencement Information

I113Sch. 8 para. 2 in operation at 6.4.2014, see reg. 1(1)

3.  Where Article 22(31) of the 1995 Order (circumstances in which following provisions apply) applies, a statement that at least one of the trustees of the scheme is required to be an independent person by Article 23(32) of that Order.N.I.

Commencement Information

I114Sch. 8 para. 3 in operation at 6.4.2014, see reg. 1(1)

4.  In the case of active members, whether death in service benefits will continue to be payable.N.I.

Commencement Information

I115Sch. 8 para. 4 in operation at 6.4.2014, see reg. 1(1)

5.  A summary of the action that is being taken, and that has been taken, to—N.I.

(a)establish the scheme’s liabilities, and

(b)recover any assets.

Commencement Information

I116Sch. 8 para. 5 in operation at 6.4.2014, see reg. 1(1)

6.  An estimate of when—N.I.

(a)the scheme’s liabilities are likely to be established, and

(b)any assets are likely to be recovered.

Commencement Information

I117Sch. 8 para. 6 in operation at 6.4.2014, see reg. 1(1)

7.  Either—N.I.

(a)an indication of the extent to which (if at all) the actuarial value of accrued rights or benefits are likely to be reduced, or

(b)a statement that there is insufficient information to provide such an indication.

Commencement Information

I118Sch. 8 para. 7 in operation at 6.4.2014, see reg. 1(1)

PART 2N.I.Information to be given by occupational pension schemes after winding up

8.  Whether the member or beneficiary’s benefits are reduced because the scheme’s resources are not sufficient to meet its liabilities.N.I.

Commencement Information

I119Sch. 8 para. 8 in operation at 6.4.2014, see reg. 1(1)

9.  The amount of any reduction of the member’s, or beneficiary’s, benefits.N.I.

Commencement Information

I120Sch. 8 para. 9 in operation at 6.4.2014, see reg. 1(1)

10.  Who has or will become liable for the payment of the member’s, or beneficiary’s, benefits.N.I.

Commencement Information

I121Sch. 8 para. 10 in operation at 6.4.2014, see reg. 1(1)

PART 3N.I.Information to be given by personal pension schemes after winding up

11.—(1) The amount of—N.I.

(a)contributions (before the making of any deductions), including a nil amount, credited to the member under the scheme during the period of 12 months preceding a date specified by the managers of the scheme, and

(b)[F40where the scheme was, at any time before the abolition date, an appropriate scheme, the minimum contributions paid by HMRC in respect of the member in that 12 month period that is attributable to section 41(1) of the 1993 Act identifying separately that part of the contributions that is attributable to tax relief on the employee’s share of minimum contributions, being the difference between that share and the grossed-up equivalent of that share.]

(2) [F41In sub-paragraph (1)(b) the expressions “employee’s share” and “grossed-up equivalent” have the meanings given to them by section 202(3) and (4) of the Finance Act 2004 (minimum contributions under pensions legislation).]

Textual Amendments

Commencement Information

I122Sch. 8 para. 11 in operation at 6.4.2014, see reg. 1(1)

12.  At a date specified by the managers of the scheme—N.I.

(a)the value of the member’s accrued rights under the scheme, and

(b)if different, the value of the cash equivalent calculated in accordance with regulations 3 and 4 of the Personal Pension Schemes (Transfer Values) Regulations (Northern Ireland) 1987 (calculation and verification and increases and reductions of cash equivalents).

Commencement Information

I123Sch. 8 para. 12 in operation at 6.4.2014, see reg. 1(1)

13.  The options available to a member for preserving, transferring or otherwise disposing of the member’s accrued rights under the scheme.N.I.

Commencement Information

I124Sch. 8 para. 13 in operation at 6.4.2014, see reg. 1(1)

14.  An account of the amount by which the member’s accrued rights have been reduced and of the action taken by the managers of the scheme, or which is open to the member to take, in order, so far as may be possible, to restore the value of the member’s accrued rights under the scheme.N.I.

Commencement Information

I125Sch. 8 para. 14 in operation at 6.4.2014, see reg. 1(1)

PART 4N.I.Report under Article 72A of the 1995 Order

15.  Where a report has been made to the Regulator under Article 72A(33) of the 1995 Order (reports to Authority about winding up), a copy of that report.N.I.

Commencement Information

I126Sch. 8 para. 15 in operation at 6.4.2014, see reg. 1(1)

PART 5N.I.Information on expected benefits

16.  An estimate of the amount of the member’s and beneficiary’s benefits that are expected to be payable from normal pension age or death.N.I.

Commencement Information

I127Sch. 8 para. 16 in operation at 6.4.2014, see reg. 1(1)

Regulation 31

SCHEDULE 9N.I.Consequential amendments

1.  In the Occupational Pension Schemes (Preservation of Benefit) Regulations (Northern Ireland) 1991(34)—N.I.

(a)in regulation 1 (interpretation) after paragraph (3)(35) add—

“(4) Any information or documents required to be furnished under these Regulations to a person, may be given in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents).”;

(b)in regulation 9(6)(c)(36) (bought out benefits) for the words from “and the notice” to “his last known address” substitute “(the notice being sent to the member in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents)”.

Commencement Information

I128Sch. 9 para. 1 in operation at 6.4.2014, see reg. 1(1)

2.  In regulation 3(3) of the Occupational Pension Schemes (Contracting-out) Regulations (Northern Ireland) 1996(37) (notices by employers of intended election)—N.I.

(a)in sub-paragraph (a) for head (i) substitute—

“(i)sending it to the earner in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents);

(ia)delivering it to the earner, or”;

(b)for sub-paragraph (b) substitute—

“(b)to any other person, by—

(i)sending it to that person in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents), or

(ii)delivering it to that person.”.

Commencement Information

I129Sch. 9 para. 2 in operation at 6.4.2014, see reg. 1(1)

3.  In regulation 11 of the Occupational Pension Schemes (Transfer Values) Regulations (Northern Ireland) 1996(38) (disclosure) after paragraph (6) add—N.I.

“(7) The trustees may provide any information or notification under this regulation in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents).”.

Commencement Information

I130Sch. 9 para. 3 in operation at 6.4.2014, see reg. 1(1)

4.  In the Occupational Pension Schemes (Winding Up) Regulations (Northern Ireland) 1996(39)—N.I.

(a)in regulation 7 (requirements applicable to notices of discharge under regulation 6) after paragraph (10) add—

“(11) A discharge notice and any notice under paragraph (3) may be given in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents).”;

(b)in regulation 11(2) (records and information) after “in writing” insert “in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents)”.

Commencement Information

I131Sch. 9 para. 4 in operation at 6.4.2014, see reg. 1(1)

5.  In the Occupational Pension Schemes (Requirement to obtain Audited Accounts and a Statement from the Auditor) Regulations (Northern Ireland) 1997(40)—N.I.

(a)in regulation 2 (requirement of trustees or managers to obtain documents) after paragraph (2)(41) insert—

“(2AA) Information may be made available under paragraph (2) in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents).”;

F42(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

Commencement Information

I132Sch. 9 para. 5 in operation at 6.4.2014, see reg. 1(1)

6.  In regulation 6(5)(b)(ii) of the Occupational Pension Schemes (Discharge of Liability) Regulations (Northern Ireland) 1997(42) (further conditions on which liability may be discharged) for the words from “the notice,” to “last known address” substitute “the notice to the widow, widower or surviving civil partner in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents)”.N.I.

Commencement Information

I133Sch. 9 para. 6 in operation at 6.4.2014, see reg. 1(1)

7.  After regulation 10 of the Pensions on Divorce etc. (Provision of Information) Regulations (Northern Ireland) 2000(43) (provision of information after receipt of an earmarking order) add—N.I.

“Provision of information – general

11.—(1) Subject to paragraph (2), a person required to provide information under regulation 2, 4, 6, 7, 8 or 10 must provide that information in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents).

(2) Information may be provided to the court by means of an electronic communication only where the court has given its permission.

(3) In this regulation “electronic communication” has the meaning given by section 4(1) of the Electronic Communications Act (Northern Ireland) 2001(44).”.

Commencement Information

I134Sch. 9 para. 7 in operation at 6.4.2014, see reg. 1(1)

8.  In the Pension Sharing (Pension Credit Benefit) Regulations (Northern Ireland) 2000(45)—N.I.

(a)in regulation 1(5) for “Without” substitute “Subject to the following provisions of these Regulations, without”;

(b)in regulation 8(6)(a) (bought out benefits) for “sent to that person at his last known address” substitute “given in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents)”;

(c)in regulation 10(5)(a) (transfer of a person’s pension credit rights without consent) for “sent to that person at his last known address” substitute “given in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents)”;

(d)in regulation 15(5)(b) (further conditions on which liability may be discharged) for “sent to that person at his last known address” substitute “given in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2014 (giving information and documents)”.

Commencement Information

I135Sch. 9 para. 8 in operation at 6.4.2014, see reg. 1(1)

9.  In the Stakeholder Pension Schemes Regulations (Northern Ireland) 2000(46)—N.I.

(a)in regulation 1(3) (interpretation)—

(i)in the definition of “non-contributing member”(47)—

(aa)omit paragraph (a);

(bb)in paragraph (b) omit “in relation to a personal pension scheme,”;

(ii)for the definition of “the relevant guidance”(48) substitute—

““relevant guidance” means the document entitled “AS TM1: Statutory Money Purchase Illustrations” that is adopted or prepared, and from time to time revised, by the Financial Reporting Council Limited(49);”;

(b)in regulation 18(7)(50) (disclosure of information to members)—

(i)in sub-paragraph (a) for “manager;” substitute “manager, and”;

(ii)in sub-paragraph (b)(ii) for “delivered, and” substitute “delivered.”;

(iii)omit sub-paragraph (c);

(c)in regulation 18A—

(i)in paragraph (1) for “Where a” substitute “Subject to paragraph (1A), where a”;

(ii)after paragraph (1) insert—

“(1A) The information mentioned in paragraph (1) need not but may, nevertheless, be given in respect of a statement year where—

(a)the statement year is the first to end on or after the date the person became a member of the scheme, and

(b)the end of that statement year falls at a time when—

(i)no contributions have been credited to the scheme in respect of the person, or

(ii)the person has the right to opt out of the scheme under section 8 of the Pensions (No. 2) Act (Northern Ireland) 2008(51) (jobholder’s right to opt out).

(1B) Where—

(a)the information is not provided to the person by virtue of paragraph (1A), and

(b)contributions have been credited in respect of the member in respect of the statement year mentioned in paragraph (1A)(a),

it must be provided no later than the information that relates to the next following statement year.”;

(iii)after paragraph (2) insert—

“(2A) For the purposes of paragraph (2), the calculation of the amount of the pension mentioned in that paragraph may take account of a lump sum.”;

(iv)in paragraph (4)—

(aa)in sub-paragraph (c)(iii) for “behalf;” substitute “behalf, or”;

(bb)in sub-paragraph (d)(iii) for “date, or” substitute “date.”;

(cc)omit sub-paragraph (e);

(d)in regulation 18B(52)—

(i)in paragraph (1)(b) omit the words from “and about annuities” to “relevant guidance”;

(ii)omit paragraphs (3) and (4);

(e)in regulation 18C (service of information by a scheme) for paragraph (4) substitute—

“(4) Where—

(a)a member or beneficiary was a member or beneficiary of the scheme on 1st December 2010, and

(b)relevant information was not given by the trustees or manager of the scheme before that date by the methods described in paragraph (1)(b),

relevant information may not be furnished or given to the member or beneficiary in accordance with paragraph (1)(b) unless the trustees or manager of the scheme have given that member or beneficiary the written notice referred to in paragraph (5).

(4A) The written notice mentioned in paragraph (4) must not be given by the methods mentioned in paragraph (1)(b).”;

(f)in regulation 18E (provision of information on a website)—

(i)in paragraph (1) for “This regulation sets” substitute “This regulation and regulation 18F set”;

(ii)for paragraph (2) substitute—

“(2) When a website is used for the first time to make available relevant information, a notification must be given to the recipient.”;

(iii)for paragraph (4) substitute—

“(4) Subject to regulation 18F, each time a website is used at a subsequent time to make available information or documents, a notification must be given to the recipient.

(4A) The notification referred to in paragraph (4) must state that the information or document is available on the website.

(4B) The notifications mentioned in paragraphs (2) and (4) must not be given by making them available on a website.”;

(iv)omit paragraph (6);

(v)in paragraph (7) after “this regulation” insert “and regulation 18F”;

(g)after regulation 18E insert—

“Provision of information on a website: supplemental

18F.—(1) The notification mentioned in regulation 18E(4) need not be given where paragraphs (2) to (4) of this regulation are satisfied.

(2) This paragraph is satisfied where—

(a)the trustees or manager of the scheme have given the recipient at least 2 documents by either of the following methods—

(i)given by hand, or

(ii)sent to the recipient’s last known postal address, and

(b)each of those documents—

(i)asks the recipient to give that recipient’s electronic address to the trustees or manager of the scheme except where the trustees or manager of the scheme do not have the facility for sending information or documents to that address, and

(ii)states that the recipient may request in writing that information or documents are not given by means of an electronic communication.

(3) This paragraph is satisfied where—

(a)paragraph (2) is satisfied, and

(b)the trustees or manager of the scheme have given the recipient, by either of the methods mentioned in paragraph (2)(a), a further document that—

(i)meets the requirements of paragraph (2)(b), and

(ii)states that further information and documents will be available to read on the website and that no further notifications will be sent to the recipient.

(4) This paragraph is satisfied where—

(a)paragraphs (2) and (3) are satisfied, and

(b)the trustees or manager of the scheme—

(i)do not know the recipient’s electronic address or do not have the facility for sending information or documents to that address, and

(ii)have not received a written request that information or documents are not given to the recipient by means of an electronic communication.

(5) Where the information to be made available is that required by regulation 18A(1), the notification referred to in regulation 18E(4) need only be given as required by regulation 18A(1).”,

(h)in paragraph 6 of Schedule 3(53) (information for members)—

(i)in sub-paragraph (c) for “scheme, and” substitute “scheme;”;

(ii)for sub-paragraph (d) substitute—

“(d)a statement of any assumptions made relating to the lump sum, the level of increases in the pension and the pension payable to the spouse or civil partner, and

(e)a statement of any changes to the assumptions mentioned in sub-paragraph (d) that were used for the previous information given under regulation 18A(2).”.

Commencement Information

I136Sch. 9 para. 9 in operation at 6.4.2014, see reg. 1(1)

10.  In regulation 5A of the Personal Pension Schemes (Payments by Employers) Regulations (Northern Ireland) 2000(54) (the issue of payment statements to an employee) after paragraph (5) add—N.I.

“(6) A statement referred to in paragraph (1) may be issued in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents).”.

Commencement Information

I137Sch. 9 para. 10 in operation at 6.4.2014, see reg. 1(1)

11.  In regulation 7 of the Occupational Pension Schemes (Winding Up Notices and Reports, etc.) Regulations (Northern Ireland) 2002(55) (applications to the Authority to modify schemes to secure winding up)—N.I.

(a)in paragraph (3) for sub-paragraph (a) substitute—

“(a)to all members of the scheme (except a member mentioned in paragraph (3A)) in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents), and”;

(b)after paragraph (3) insert—

“(3A) A member referred to in paragraph (3)(a) is a member—

(a)whose present postal address and electronic address are not known to the trustees or managers of the scheme, and

(b)in respect of whom the trustees or managers of the scheme have sent correspondence to that member’s last known—

(i)postal address and that correspondence has been returned, or

(ii)electronic address and the trustees or managers of the scheme are satisfied that that correspondence has not been delivered.”.

Commencement Information

I138Sch. 9 para. 11 in operation at 6.4.2014, see reg. 1(1)

12.  In regulation 13 of the Occupational Pension Schemes (Independent Trustee) Regulations (Northern Ireland) 2005(56) (disclosure requirements and penalty) after paragraph (8) add—N.I.

“(9) The appointed trustee may give any information under this regulation in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents).”.

Commencement Information

I139Sch. 9 para. 12 in operation at 6.4.2014, see reg. 1(1)

13.  In the Occupational Pension Schemes (Winding up, etc.) Regulations (Northern Ireland) 2005(57)—N.I.

(a)in regulation 6(6) (adjustments to discretionary awards) for “given by post” substitute “given in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents)”;

(b)in regulation 7(6) (adjustments to survivors’ benefits) for “given by post” substitute “given in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents).”.

Commencement Information

I140Sch. 9 para. 13 in operation at 6.4.2014, see reg. 1(1)

14.  In regulation 11 of the Occupational and Personal Pension Schemes (Consultation by Employers) Regulations (Northern Ireland) 2006(58) (requirement to provide information) after paragraph (2) add—N.I.

“(3) Information provided under this regulation may be provided in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents).”.

Commencement Information

I141Sch. 9 para. 14 in operation at 6.4.2014, see reg. 1(1)

15.  In the Occupational Pension Schemes (Payments to Employer) Regulations (Northern Ireland) 2006(59)—N.I.

(a)in regulation 10 (notification to members) after paragraph (3) add—

“(4) The trustees of the scheme may give the notice mentioned in paragraph (1) and provide a copy of the relevant valuation certificate mentioned in paragraph (2) in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents).”;

(b)in regulation 15 (notice of proposal to distribute excess assets to the employer) after paragraph (5) add—

“(6) A notice under this regulation may be sent in accordance with regulations 26 to 28 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (giving information and documents).”.

Commencement Information

I142Sch. 9 para. 15 in operation at 6.4.2014, see reg. 1(1)

16.  In regulation 20 of the Pensions (2008 Act) (Abolition of Contracting-out for Defined Contribution Pension Schemes) (Consequential Provisions) Regulations (Northern Ireland) 2012(60) for paragraph (4) (amendment of the Stakeholder Pension Schemes Regulations) substitute—N.I.

“(4) In Schedule 3 (information for members)—

(a)in paragraph 1 omit sub-paragraph (d);

(b)in paragraph 2 omit sub-paragraphs (e), (f) and (g).”.

Commencement Information

I143Sch. 9 para. 16 in operation at 6.4.2014, see reg. 1(1)

Regulations 18A to 21

[F43SCHEDULE 9AN.I.Information to be given on the pensions guidance and members’ benefits

Textual Amendments

PART 1N.I.Information on the pensions guidance

1.  A statement that pensions guidance is available to help the person to understand their options in relation to what they can do with their flexible benefits.N.I.

2.  A statement that the pensions guidance may be accessed on the internet, by phone, or face to face.N.I.

3.  The phone number and website address at which the pensions guidance may be accessed and details of how the person may access the pensions guidance face to face.N.I.

4.  A statement that the pensions guidance is free and impartial.N.I.

5.  A statement that the person should access the pensions guidance and consider taking independent advice to help them decide which option is most suitable for them.N.I.

PART 2N.I.Information on members’ benefits

6.  An estimate of the cash equivalent of any of the member’s accrued rights to flexible benefits that—N.I.

(a)are transferrable rights, or

(b)would be transferrable rights if the member stopped accruing rights to some or all of the flexible benefits,

calculated and verified in accordance with regulations 7 to 7E of the Occupational Pension Schemes (Transfer Values) Regulations (Northern Ireland) 1996 (manner of calculation and verification of cash equivalents) on the basis that the member stopped accruing, or will stop accruing, those rights on a particular date.

7.  An estimate of the value of any accrued rights to flexible benefits that the member may transfer out of the scheme under the scheme rules, in respect of which an estimate of the cash equivalent is not required to be given under paragraph 6, calculated in accordance with the scheme rules and actuarial assumptions on the date of the calculation.N.I.

8.  The date by reference to which the estimate of the cash equivalent or value (as appropriate) is calculated.N.I.

9.  An explanation that the cash equivalent or value (as appropriate) is an estimate and may not represent the exact amount available to the member to transfer to another pension provider.N.I.

10.  In relation to the member’s accrued rights to flexible benefits in respect of which there is an opportunity to transfer—N.I.

(a)details of any guarantee to which the benefits are subject, and

(b)details of any other features, restrictions and conditions that apply to the benefits that affect, or may affect, their value.

11.  Where the member has a right or entitlement to benefits under the scheme that are not flexible benefits, that the member has that right or entitlement and how the member may access information about those benefits.N.I.

PART 3N.I.Further information

12.  A statement that—N.I.

(a)there may be tax implications associated with accessing the flexible benefits;

(b)income from a pension is taxable, and

(c)the rate at which income from a pension is taxable depends on the amount of income that the person receives from a pension and from other sources.

13.  Where the member has accrued rights to flexible benefits that are not money purchase benefits, has not reached normal pension age and does not satisfy the ill-health condition—N.I.

(a)a statement that the value of the member’s accrued rights to flexible benefits is likely to be lower if the member accesses the benefits before normal pension age, and

(b)the age at which the member will reach normal pension age.]

Regulation 32

SCHEDULE 10N.I.Consequential revocations

Commencement Information

I144Sch. 10 in operation at 6.4.2014, see reg. 1(1)

Column (1)Column (2)Column (3)
CitationReferenceExtent of evocation
The Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 1987S.R. 1987 No. 288The whole Regulations
The Personal and Occupational Pension Schemes (Tax Approval and Miscellaneous Provisions) Regulations (Northern Ireland) 1988S.R. 1988 No. 107Regulation 6
The Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 1992S.R. 1992 No. 304Regulations 18 to 24
The Occupational and Personal Pension Schemes (Consequential Amendments) Regulations (Northern Ireland) 1994S.R. 1994 No. 300Paragraph 13 of Schedule 2
The Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 1995S.R. 1995 No. 7Regulation 5
The Personal and Occupational Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 1996S.R. 1996 No. 95Regulation 3
The Personal Pension Schemes (Appropriate Schemes and Disclosure of Information) (Miscellaneous Amendments) Regulations (Northern Ireland) 1996S.R. 1996 No. 508Regulation 2
The Occupational Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 1997S.R. 1997 No. 98The whole Regulations
The Personal and Occupational Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 1997S.R. 1997 No. 160Paragraphs 1 and 19 of the Schedule
The Personal and Occupational Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 1999S.R. 1999 No. 486Regulations 13 and 15
The Stakeholder Pension Schemes Regulations (Northern Ireland) 2000S.R. 2000 No. 262Regulations 26 and 31
The Pension Sharing (Consequential and Miscellaneous Amendments) Regulations (Northern Ireland) 2000S.R. 2000 No. 335Regulations 2 and 5
The Personal Pension Schemes (Payments by Employers) Regulations (Northern Ireland) 2000S.R. 2000 No. 349Regulation 1(5)
The Occupational Pension Schemes (Winding Up Notices and Reports, etc.) Regulations (Northern Ireland) 2002S.R. 2002 No. 74Regulation 14
The Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2002S.R. 2002 No. 410Regulations 2, 3 and 4(2)(c)
The Social Security and Pensions (Financial Services and Markets Act 2000) (Consequential Amendments) Regulations (Northern Ireland) 2003S.R. 2003 No. 256Regulation 2
The Personal and Occupational Pension Schemes (Indexation and Disclosure of Information) (Miscellaneous Amendments) Regulations (Northern Ireland) 2005S.R. 2005 No. 170Regulations 17 to 20
The Occupational Pension Schemes (Winding up, etc.) Regulations (Northern Ireland) 2005S.R. 2005 No. 171Paragraph 10 of the Schedule
The Occupational Pension Schemes (Scheme Funding) Regulations (Northern Ireland) 2005S.R. 2005 No. 568Paragraphs 6 and 7 of Schedule 3
The Occupational Pension Schemes (Republic of Ireland Schemes Exemption (Revocation) and Tax Exempt Schemes (Miscellaneous Amendments)) Regulations (Northern Ireland) 2006S.R. 2006 No. 65Regulation 3
The Occupational Pension Schemes (Winding up Procedure Requirement) Regulations (Northern Ireland) 2006S.R. 2006 No. 297Regulation 3
The Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 2007S.R. 2007 No. 185Regulations 2, 8 and 13(3)
The Occupational Pension Schemes (Internal Dispute Resolution Procedures) (Consequential and Miscellaneous Amendments) Regulations (Northern Ireland) 2008S.R. 2008 No. 116Regulation 6(2)
The Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 2009S.R. 2009 No. 115Regulation 9
The Occupational, Personal and Stakeholder Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2010S.R. 2010 No. 373Regulations 2 and 3
The Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 2011S.R. 2011 No. 89Regulation 2
The Pensions (2008 Act) (Abolition of Contracting-out for Defined Contribution Pension Schemes) (Consequential Provisions) Regulations (Northern Ireland) 2012S.R. 2012 No. 120Regulations 4, 8, 13(4), 15, 16, 17 and 19
The Pensions (Financial Reporting Council) (Amendment) Regulations (Northern Ireland) 2012S.R. 2012 No. 294Paragraphs 1, 6 and 7 of the Schedule
The Occupational Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2012S.R. 2012 No. 331The whole Regulations
(1)

1988 c.1; sections 590 and 591 were repealed by Schedule 42 to the Finance Act 2004

(2)

Section 611A was inserted by paragraph 15 of Schedule 6 to the Finance Act 1989 (c. 26) and repealed by Schedule 42 to the Finance Act 2004

(3)

Chapter 4 of Part 14 was repealed by Schedule 42 to the Finance Act 2004

(4)

Article 265 was amended by regulation 5(5) and (6) of S.R. 2007 No. 457

(5)

See Article 263 of the Pensions (Northern Ireland) Order 2005

(6)

See section 1 of the Pension Schemes (Northern Ireland) Act 1993

(8)

2004 c. 12; section 153 was amended by paragraphs 2 and 3 of Schedule 10 to the Finance Act 2005

(10)

The Pensions Advisory Service can be contacted at 11 Belgrave Road, London SW1V 1RB or at www.pensionsadvisoryservice.org.uk

(11)

The Pensions Ombudsman is appointed under section 145(2) of the Pension Schemes Act 1993 (c. 48) and can be contacted at 11 Belgrave Road, London SW1V 1RB or at www.pensions-ombudsman.org.uk

(12)

Article 50 was substituted by Article 250 of the Pensions (Northern Ireland) Order 2005

(13)

Article 41 was amended by paragraph 10(1) of Schedule 5 to the Child Support, Pensions and Social Security Act (Northern Ireland) 2000, paragraph 46 of Schedule 10 and Schedule 11 to the Pensions (Northern Ireland) Order 2005 and paragraph 22 of the Schedule to S.R. 2005 No. 434

(14)

Article 85 was amended by the paragraph 58 of Schedule 10 to the Pensions (Northern Ireland) Order 2005

(15)

Article 35 was substituted by Article 221 of the Pensions (Northern Ireland) Order 2005

(16)

Article 210A was inserted by regulation 2 of S.R. 2006 No. 297

(17)

Part 4A was inserted by Article 34 of the Welfare Reform and Pensions (Northern Ireland) Order 1999

(18)

Section 93 was amended by paragraph 6 of Schedule 4 to the Pensions (Northern Ireland) Order 1995 and paragraph 5(1) of Schedule 5 to the Child Support, Pensions and Social Security Act (Northern Ireland) 2000. Section 97I was inserted by Article 34 of the Welfare Reform and Pensions (Northern Ireland) Order 1999

(19)

Section 90 was amended by Article 150 of the Pensions (Northern Ireland) Order 1995, paragraph 24 of Schedule 9 to the Welfare Reform and Pensions (Northern Ireland) Order 1999 and paragraph 9 of Schedule 10 to the Pensions (Northern Ireland) Order 2005

(20)

Article 35 was substituted Article 221 of the Pensions (Northern Ireland) Order 2005

(21)

Article 40 was amended by paragraph 45 of Schedule 10 to the Pensions (Northern Ireland) Order 2005, Article 152(2) of S.I. 2001/3649 and Article 26 of S.I. 2004/355

(22)

S.R. 2005 No. 569; regulation 13 was amended by regulation 7 of S.R. 2006 No. 141

(23)

Article 37 was substituted by Article 227 of the Pensions (Northern Ireland) Order 2005 and amended by section 105 of the Pensions (No. 2) Act (Northern Ireland) 2008

(24)

The date appointed for the coming into operation of section 13(1) of the Pensions Act (Northern Ireland) 2008 was 6th April 2012

(25)

Section 38A was inserted by Article 134(4) of the Pensions (Northern Ireland) Order 1995 and amended by paragraph 96 of Schedule 6 to the Social Security (Northern Ireland) Order 1998 (S.I. 1998/1506 (N.I. 10), paragraph 52 of Schedule 1 to the Social Security Contributions (Transfer of Functions, etc.) (Northern Ireland) Order 1999, paragraph 7 of Schedule 10 to the Welfare Reform and Pensions Act 1999 (c. 30), paragraph 42 of Schedule 1 to the National Insurance Contributions Act 2002 (c. 19), paragraph 17 of Schedule 4 to the Pensions Act (Northern Ireland) 2008, paragraph 11 of Schedule 7 to the Pensions (No. 2) Act (Northern Ireland) 2008 and Article 4(8) of S.R. 2012 No. 124

(26)

S.I. 1986/1888 (N.I. 18); Article 9 was repealed by Part 1 of Schedule 4 to the Pension Schemes (Northern Ireland) Act 1993; see also paragraph 21 of Schedule 5 to that Act

(27)

Section 41 was amended by Article 135(2) to (4) of, and Part 3 of Schedule 5 to, the Pensions (Northern Ireland) Order 1995, paragraph 56 of Schedule 1 to the Social Security Contributions (Transfer of Functions, etc.) (Northern Ireland) Order 1999, paragraph 21 of Schedule 4 to the Pensions Act (Northern Ireland) 2008 and paragraph 12 of Schedule 7 to the Pensions (No. 2) Act (Northern Ireland) 2008

(29)

Section 93 was amended by paragraph 6 of Schedule 4 to the Pensions (Northern Ireland) Order 1995 and paragraph 5(1) of Schedule 5 to the Child Support, Pensions and Social Security Act (Northern Ireland) 2000. Section 97I was inserted by Article 34 of the Welfare Reform and Pensions (Northern Ireland) Order 1999

(30)

S.R. 1987 No. 290; regulations 3 and 4 were substituted by paragraph 1(3) and (4) of Schedule 2 to S.R. 2008 No. 370 and regulation 3 was amended by regulation 2 of S.R. 2008 No. 388

(31)

Article 22 was amended by Article 32(2) of, and paragraph 34 of Schedule 10 to, the Pensions (Northern Ireland) Order 2005 and paragraph 158 of Schedule 1 to S.I. 2009/1941

(32)

Article 23 was substituted by Article 32(3) of the Pensions (Northern Ireland) Order 2005

(33)

Article 72A was inserted by section 45(1) of the Child Support, Pensions and Social Security Act (Northern Ireland) 2000 and amended by Schedule 11 to the Pensions (Northern Ireland) Order 2005

(34)

S.R. 1991 No. 37; relevant amending provisions are S.R. 1994 No. 300 and S.R. 2012 No. 124

(35)

Paragraph (3) was substituted by paragraph 26(3) of Schedule 2 to S.R. 1994 No. 300

(36)

Regulation 9(6) was amended by paragraph 26(12) of Schedule 2 to S.R. 1994 No. 300 and Article 11 of S.R. 2012 No. 124

(37)

S.R. 1996 No. 493 to which there are amendments not relevant to these Regulations

(38)

S.R. 1996 No. 619; regulation 11(6) was amended by regulation 6 of S.R. 2009 No. 115

(39)

S.R. 1996 No. 621 to which there are amendments not relevant to these Regulations

(40)

S.R. 1997 No. 40; relevant amending Regulations are S.R. 1997 No. 544, S.R. 2005 No. 421 and S.R. 2006 No. 141

(41)

Paragraph (2) was substituted by regulation 2(3)(b) of S.R. 2005 No. 421

(42)

S.R. 1997 No. 159; regulation 6 was amended by paragraph 42 of Schedule 2 to S.R. 2005 No. 433

(43)

S.R. 2000 No. 142 to which there are amendments not relevant to these Regulations

(44)

2001 c. 9 (N.I.); the definition of “electronic communication” in section 4(1) was amended by paragraph 170 of Schedule 17 to the Communications Act 2003 (c. 21)

(45)

S.R. 2000 No. 146 to which there are amendments not relevant to these Regulations

(46)

S.R. 2000 No. 262; relevant amending provisions are S.R. 2002 No. 410, S.R. 2008 No. 365, S.R. 2010 No. 373 and S.R. 2012 Nos. 120 and 294

(47)

The definition of “non-contributing member” was inserted by regulation 4(2)(c) of S.R. 2002 No. 410

(48)

The definition of “relevant guidance” was substituted by paragraph 1 of the Schedule to S.R. 2008 No. 365 and amended by paragraph 7(b) of the Schedule to S.R. 2012 No. 294

(49)

The Financial Reporting Council can be contacted at 5th Floor, Aldwych House, 71-91 Aldwych, London WC2B 4HN and at www.frc.org.uk

(50)

Regulations 18 to 18E were substituted for regulation 18 by regulation 4(6) of S.R. 2010 No. 373

(52)

Regulation 18B was amended by regulation 13(3) of S.R. 2012 No. 120

(53)

Schedule 3 was added by Schedule 1 to S.R. 2010 No. 373 and paragraph 6 was amended by regulation 13(4) of S.R. 2012 No. 120

(54)

S.R. 2000 No. 349; regulation 5A was inserted by regulation 6 of S.R. 2006 No. 141

(55)

S.R. 2002 No. 74 to which there are amendments not relevant to these Regulations

(56)

S.R. 2005 No. 169; regulation 13 was amended by regulation 15 of S.R. 2009 No. 115

(57)

S.R. 2005 No. 171 to which there are amendments not relevant to these Regulations

(58)

S.R. 2006 No. 48 to which there are amendments not relevant to these Regulations

(59)

S.R. 2006 No. 161 to which there are amendments not relevant to these Regulations

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