4.  In article 72 (pension products offered by employers)—

(a) in paragraph (2)—

(i) for sub-paragraph (b) substitute—

“(b) the employer has not received, and will not receive, any direct financial benefit as a result of making the communication;”;

(ii) at the end of sub-paragraph (c) after “that employee” insert “or the basis on which the contribution will be calculated”;

(b) omit paragraph (3).