{
  "url": "https://openlegislation.uk/occupational-pension-schemes-transfer-values-regulations-1996/schedule-1/paragraph-3",
  "json_url": "https://openlegislation.uk/occupational-pension-schemes-transfer-values-regulations-1996/schedule-1/paragraph-3.json",
  "legislation": "uksi/1996/1847",
  "legislation_title": "The Occupational Pension Schemes (Transfer Values) Regulations 1996",
  "legislation_url": "https://openlegislation.uk/occupational-pension-schemes-transfer-values-regulations-1996",
  "path": "schedule/1/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "Where information is made available under paragraph 1 or 2 to a member of a salary related scheme, the information to be made available to such a member also includes—\n(a) a statement that the Financial Conduct Authority, the Regulatory Authority and the Money and Pensions Service provide information about transfers that may assist the member in deciding whether to transfer;\n(b) if the scheme is an eligible scheme as defined in section 126 of the 2004 Act (eligible schemes), confirmation that the scheme is so eligible and that the Board of the Pension Protection Fund exists;\n(c) except where section 48 of the Pension Schemes Act 2015 applies, a recommendation that the member should take financial advice before making decisions about transfers.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 1 para. 3 inserted (E.W.S.) (1.10.2008) by Occupational Pension Schemes (Transfer Values) (Amendment) Regulations 2008 (S.I. 2008/1050), regs. 1(1), 7(b)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 1 para. 3 substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), arts. 1(1), 3, Sch. 2 para. 14"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 1 para. 3(a) substituted (6.4.2019) by The Financial Guidance and Claims Act 2018 (Naming and Consequential Amendments) Regulations 2019 (S.I. 2019/383), reg. 1(1), Sch. para. 15"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Sch. 1 para. 3(c) inserted (6.4.2015) by The Occupational and Personal Pension Schemes (Transfer Values) (Amendment and Revocation) Regulations 2015 (S.I. 2015/498), regs. 1(2), 9(4) (with reg. 11)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/1847/schedule/1/paragraph/3",
    "retrieved_at": "2026-10-29T12:38:58.641877+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}