SCHEDULES

F1SCHEDULE 9BStatements to be published by collective money purchase schemes

Annotations:
Amendments (Textual)

PART 1Scheme design statement

3

A summary of the rules governing how the rate or amount of benefits provided under the scheme is to be adjusted from time to time, including—

a

that annual benefit calculations and any adjustments of the rate or amount of benefits are applied to all the members of the scheme without variation, and

b

where relevant, an explanation of how any multi-annual reduction permitted under the scheme rules operates and the effect it may have on the rate or amount of benefits provided under the scheme.