Paragraph 9 Information before 1st October 2023: legacy scheme adjustmentF1

This paragraph applies where, in relation to a relevant pension sharing order—

Where C makes a relevant request, the scheme manager must accept an amount in respect of D’s remediable relevant benefits (a “remediable credit adjustment”) from the scheme manager of the relevant legacy pension scheme and credit this to C’s pension credit account in this scheme.

An adjustment under sub-paragraph (2) takes effect as if it had been made on the transfer day.

The scheme manager must, as soon as reasonably practicable, send a notice in writing to C, specifying—