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The Occupational and Personal Pension Schemes (Consultation by Employers and Miscellaneous Amendment) Regulations 2006

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Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations 2006 No. 778

Requirement to provide information

11.—(1) In relation to a proposal to make a listed change affecting an occupational or personal pension scheme, each relevant employer to whom regulation 7(3) applies must provide information about the proposal to—

(a)such of his employees as appear to him to be affected members of the scheme, and

(b)any representatives of such members who are to be consulted under regulation 12(2)(a) or (3) or 13(2).

(2) The information provided under paragraph (1) must—

(a)be in writing,

(b)be provided before the start of consultation under regulation 12 or 13,

(c)describe the listed change and state what effects it would (or would be likely to) have on the scheme and its members,

(d)be accompanied by any relevant background information,

(e)indicate the timescale on which measures giving effect to the change are proposed to be introduced, and

(f)be given in such fashion and with such content as are appropriate to enable, in particular, representatives of affected members to consider, conduct a study of, and give their views to the employer on, the impact of the listed change on such members.

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