Pension Schemes Act 2015

Pensions Act 1995 (c. 26)

This section has no associated Explanatory Notes

16(1)Section 89 (application of further provisions to money purchase schemes) is amended as follows.

(2)In subsection (1), for “money purchase schemes” substitute “schemes under which all the benefits that may be provided are money purchase benefits and that are schemes”.

(3)In subsection (2), for “money purchase schemes” substitute “schemes under which all the benefits that may be provided are money purchase benefits”.