Paragraph 14
United Kingdom
A “relevant annuity”is an annuity of a description prescribed by regulations made by the Board of Inland Revenue.
The annual amount of a relevant annuity is to be ascertained in accordance with regulations made by the Board of Inland Revenue.
The regulations may in particular provide for the annual amount to be ascertained by reference to—
comparative annuity tables published by the F1Financial Conduct Authority or the Prudential Regulation Authority, or
material published by any other person.
Annotations
Textual amendments
- F1
Words in Sch. 28 para. 14(3)(a) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 100 (with Sch. 20); S.I. 2013/423, art. 3, Sch.
Notes on Schedule 28
Modifications
- C1
Sch. 28 modified by The Pensions Schemes (Application of UK Provisions to Relevant Non-UK Schemes) Regulations 2006 (S.I. 2006/207), regs. 1(1), 14 (as substituted (with effect in accordance with reg. 1(2) of the amending S.I.) by S.I. 2012/1795, regs. 1(1), 5)