Legislation – Finance Act 2024
Schedule 9Pensions
Part 5Provision of information
Amendments of the Registered Pension Schemes (Provision of Information) Regulations 2006
117
(1)
Regulation 14 (information provided to members by scheme administrators about benefit crystallisation events) is amended as follows.
(2)
In the heading, for “benefit crystallisation events” substitute “relevant benefit crystallisation events”
.
(3)
In paragraph (1)(b), for “benefit crystallisation event” substitute “relevant benefit crystallisation event”
.
(4)
In paragraph (2)(c) omit “(2A) or (2B)”.
(5)
In paragraph (3)—
(a)
in the words before sub-paragraph (a), for “percentage of standard lifetime allowance” substitute “amount of the member’s lump sum allowance, and the amount of the member’s lump sum and death benefit allowance,”
;
(b)
in sub-paragraph (a), for “benefit crystallisation events” substitute “relevant benefit crystallisation events”
;
(c)
in sub-paragraph (b), in the words before paragraph (i), for “benefit crystallisation event” substitute “relevant benefit crystallisation event”
.