Paragraph 16
Where the member has money purchase benefits, a statement that the value of the pension will depend on several factors including F1where appropriate the amount of the contributions paidF2, any cost of exercising any right to transfer the benefits, any charges payable, the age at which the member accesses the benefits”, the performance of F3investments and any cost of converting the benefit into an annuity.
Annotations
Textual amendments
- F1
Words in Sch. 2 para. 16 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(14)(b)
- F2
Words in Sch. 2 para. 16 inserted (6.4.2015) by The Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations 2015 (S.I. 2015/482), regs. 1, 11(5)(a)
- F3
Words in Sch. 2 para. 16 substituted (6.4.2015) by The Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations 2015 (S.I. 2015/482), regs. 1, 11(5)(b)
Notes on Schedule 2
Textual amendments
- F1
Words in Sch. 2 inserted (4.12.2025) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Miscellaneous Amendments) Regulations 2025 (S.I. 2025/1113), regs. 1(3), 4(6)(a)