6.—(1) After the period allowed for employers to send notice to the trustees under paragraph 5, the trustees must send a second notice to each member of the transferring scheme.E+W+S
(2) A notice under this paragraph must be sent within three months beginning with the day on which the trustees sent notice to members and employers under paragraph 4.
(3) A notice under this paragraph must state—
(a)the proposed transfer date;
(b)if the member’s employer has not nominated an employer default scheme—
(i)the fact that the member will be transferred to the trustee default scheme unless the member specifies otherwise; and
(ii)the name of, and information about—
(aa)the trustee default scheme, and
(bb)the default arrangement in that scheme;
(c)if the member’s employer has nominated an employer default scheme—
(i)the fact that the member will be transferred to the employer default scheme unless the member specifies otherwise; and
(ii)the name of, and information about—
(aa)the employer default scheme, and
(bb)the default arrangement in that scheme;
(d)the member’s ability to obtain information about arrangements from the applicable scheme;
(e)the fact that the member’s funds will be allocated to the default arrangement unless the member specifies otherwise;
(f)where the member can obtain guidance about the proposed transfer;
(g)the member’s right to choose whether the member’s accrued rights and benefits in the transferring scheme are transferred to—
(i)the applicable scheme, or
(ii)an alternative scheme selected by the member;
(h)the requirement for a member who has selected an alternative scheme to send the trustees of the transferring scheme a notice that meets the requirements of paragraph 7(2);
(i)the member’s rights under Part 4ZA of the 1993 Act (transfers and contribution refunds);
(j)the member’s right to require the cash equivalent of the member’s accrued rights and benefits to be used to buy one or more policies as set out in paragraph 7(1)(b);
(k)the consequences for the member of his or her choice of receiving scheme, with particular reference to its effect on payment of contributions by the member’s employer;
(l)the timetable for future communication with members.
Commencement Information
I1Sch. 5 para. 6 in force at 1.10.2018, see reg. 1(2)