SCHEDULES

SCHEDULE 6Statements of benefits: money purchase benefits F1and cash balance benefits

Annotations:
Amendments (Textual)
F1

Words in Sch. 6 heading inserted (24.7.2014) by The Pensions Act 2011 (Transitional, Consequential and Supplementary Provisions) Regulations 2014 (S.I. 2014/1711), regs. 1(1), 79(7) (with regs. 6, 41, 44(1), 47(1), 69(2), 72(1), 76(1)); coming into force immediately after s. 29 of 2011 c 19 - see S.I. 2014/1683, art. 2

PART 1Information for all money purchase members

5

Any cash equivalent in respect of the transfer of the member's rights mentioned in paragraph 4 that would be different from the values to be specified, at the date specified, under that paragraph, calculated in accordance with—

a

sections 97 and 101I of the 1993 Act (calculation of cash equivalents), in the case of an occupational pension scheme, or

b

regulations 3 and 4 of the Personal Pension Schemes (Transfer Values) Regulations 1987 M1 (calculation, verification and increases of cash equivalents), in the case of a personal pension scheme.