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Paragraph 2 F1

A statement that—

(a)

there is no promise or guarantee as to the rate or amount of benefits provided under the scheme, and

(b)

the rate or amount of benefits may fluctuate, which may result in—

(i)

reduced benefits before benefit becomes payable;

(ii)

reduced benefits after benefit becomes payable.

Annotations

Textual amendments

F1

Sch. 11 inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Modifications and Consequential and Miscellaneous Amendments) Regulations 2022 (S.I. 2022/337), regs. 1(3), 13(19)