PART 7Information about benefits in payment

F1Benefit adjustment information: collective money purchase schemes22A

1

Information listed in paragraphs 15 to 20 of Schedule 7 must be provided in accordance with this regulation to members and beneficiaries of a collective money purchase scheme.

2

The information must be given each time an actuarial valuation is obtained—

a

as soon as reasonably practicable after the certification of the actuarial valuation by the scheme actuary, and

b

no less than six weeks before any adjustment to the rate or amount of benefits provided under the scheme following the latest actuarial valuation is applied, where reasonably practicable.