SCHEDULES

SCHEDULE 10Use and supply of information: private pensions policy and retirement planning

Supply of housing benefit and council tax benefit information

3

1

Section 122D of the Social Security Administration Act 1992 (c. 5) (supply of information by authorities administering housing benefit or council tax benefit) is amended as follows.

2

In subsection (1) for “or employment or training” substitute “ employment or training, private pensions policy or retirement planning ”.

3

After subsection (2) insert—

2A

Information supplied under subsection (2) may be used for any purpose relating to private pensions policy or retirement planning.

4

After subsection (5) insert—

6

In this section—

“private pensions policy” means policy relating to occupational pension schemes or personal pension schemes (within the meaning given by section 1 of the Pension Schemes Act 1993);

“retirement planning” means promoting financial planning for retirement.