PART 4Pensions flexibilities
CHAPTER 2Independent advice
Northern Ireland
I152Power to require employer to arrange advice for purposes of section 51
1
The Department for Social Development in Northern Ireland may by regulations specify circumstances in which an employer must arrange or pay for a member of a pension scheme, or a survivor of a member of a pension scheme, to receive appropriate independent advice for the purpose of satisfying a requirement imposed by section 51.
2
Regulations under subsection (1) may, in particular—
a
impose limitations on the amount that an employer may be required to pay;
b
prohibit an employer from seeking in any way to recover, from a member or survivor, costs incurred by the employer in complying with the regulations;
c
provide for Article 10 of the Pensions (Northern Ireland) Order 1995 (S.I. 1995/3213 (N.I. 22)) (civil penalties) to apply to a failure by an employer to comply with the regulations.
3
In this section “employer” has the meaning given by regulations made by the Department for Social Development in Northern Ireland.