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The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013
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PART 2E+W+SInformation on accessing benefits for members and survivors
6. The amount of benefit that is payable.E+W+S
[F16A. In relation to a collective money purchase scheme, a statement that—E+W+S
(a)there is no promise or guarantee as to the rate or amount of benefit provided under the scheme, and
(b)the rate or amount of benefits may fluctuate, which may result in—
(i)reduced benefits before benefit becomes payable;
(ii)reduced benefits after benefit becomes payable.]
Textual Amendments
7. If benefit is payable periodically—E+W+S
(a)any conditions for continuing to make the payments, and
(b)any provisions which would allow the payments to be altered.
8. Any rights and options that persons have on the death of the member or beneficiary of the scheme.E+W+S
9. Any procedures for exercising the rights and options referred to in paragraph 8.E+W+S
10. The provisions (or, as the case may be, a statement that there are no provisions) under which the pension payable to the survivor of a member or beneficiary of the scheme may or will be increased [F2or decreased] and the extent to which such increases [F3or decreases] are dependent on the exercise of a discretion.E+W+S
Textual Amendments
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