PART 6Lifestyling and accessing benefits
F1Information to be given on request and on a member providing certain information18A
1
The information mentioned in paragraph (2) must be given in accordance with this regulation to a member who—
a
has an opportunity to transfer flexible benefits;
b
i
requests information about what the member may do with the flexible benefits; or
ii
informs the trustees or managers of the scheme that the member is considering, or has made a decision in relation to, what to do with the flexible benefits;
c
i
will reach normal minimum pension age within four months of making a request, or informing the trustees or managers of the scheme, in accordance with sub-paragraph (b);
ii
has reached normal minimum pension age; or
iii
meets the ill-health condition; and
d
has not been given information under this regulation or regulation 19(2)(b)(ii) (first information on accessing benefits) in the previous 12 months.
2
The information is—
a
a statement of the options available to the member under the scheme rules; and
b
that listed in Part 3 of Schedule 7 (information to be given to members having an opportunity to transfer flexible benefits) and in Schedule 10 (information to be given on the pensions guidance and members’ benefits).
3
The information must be given within two months of the member making a request, or informing the trustees or managers of the scheme, in accordance with paragraph (1)(b).