Paragraph 18A F1
In respect of a collective money purchase scheme, a statement that—
(a)
there is no promise or guarantee as to the rate or amount of benefit 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
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)