Pensions Act 2014 (c. 19)

SCHEDULES

SCHEDULE 17 E+W+S Automatic transfer of pension benefits etc

Prospective

Part 1 E+W+S Automatic transfer of pension benefits

Automatic transfer scheme to find out whether members have transferable benefits E+W+S

2 (1) The regulations must require the trustees or managers of an automatic transfer scheme to take steps to find out whether a qualifying member of the scheme has transferable benefits under another pension scheme. E+W+S

(2) The regulations may make provision—

(a) about when a step is to be taken (for example, within a prescribed period after a person becomes a qualifying member or at prescribed intervals);

(b) for the steps to be taken at any particular time to relate to a particular qualifying member, or to some or all qualifying members.