The Personal and Occupational Pension Schemes (Indexation and Disclosure of Information) (Miscellaneous Amendments) Regulations 2005

1. Introductory Text

2. PART 1 INTRODUCTORY

   1. 1. Citation, commencement and interpretation

3. PART 2 AMENDMENTS RELATING TO INDEXATION

   1. Modification of section 51 of Pensions Act 1995

      1. 2. Removal of indexation: money purchase benefits provided under a hybrid scheme

   2. Personal and Occupational Pension Schemes (Protected Rights) Regulations 1996

      1. 3. Meaning of “specified pension or annuity”

      2. 4. Indexation requirement limited to specified pensions or annuities

      3. 5. Removal of indexation: interim arrangements

      4. 6. Removal of indexation: death of member before payment

   3. Occupational Pension Schemes (Indexation) Regulations 1996

      1. 7. Interpretation

      2. 8. Indexation: treatment of transfers made before 6th April 2005 from pension schemes

      3. 9. Indexation: treatment of transfers made on or after 6th April 2005 from pension schemes

      4. 10. Indexation: treatment of payments made before 6th April 2005 from insurance policies or annuity contracts

      5. 11. Indexation: treatment of payments made on or after 6th April 2005 from insurance policies or annuity contracts

   4. Occupational Pension Schemes (Discharge of Liability) Regulations 1997

      1. 12. Discharge of liability: guaranteed minimum pensions, short service benefits etc

      2. 13. Discharge of liability: pensions under a relevant scheme

   5. Personal and Occupational Pension Schemes (Miscellaneous Amendments) Regulations 1997

      1. 14. Indexation: treatment of salary-related death benefits in certain schemes

   6. Pension Sharing (Pension Credit Benefit) Regulations 2000

      1. 15. Indexation: changes to maximum percentage

      2. 16. Eligible pension credit rights

4. PART 3 AMENDMENTS RELATING TO DISCLOSURE OF INFORMATION

   1. Occupational Pension Schemes (Disclosure of Information) Regulations 1996

      1. 17. Increase in maximum level of civil penalties

      2. 18. Choice of annuities: members

      3. 19. Choice of annuities: benefit payable on death of member or beneficiary

      4. 20. Minor amendments

5. Signature

6. Explanatory Note