{
  "url": "https://openlegislation.uk/occupational-pension-schemes-transfer-values-regulations-1996/schedule-1/paragraph-4",
  "json_url": "https://openlegislation.uk/occupational-pension-schemes-transfer-values-regulations-1996/schedule-1/paragraph-4.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/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "Where information is made available under this Schedule to a member of a collective money purchase scheme, the information to be made available to such a member also includes—\n(a) a statement that the Money and Pensions Service provides information about transfers that may assist the member in deciding whether to transfer;\n(b) an explanation of any potential adverse consequences for the member of transferring before normal pension age;\n(c) an explanation of the trustees’ duties under section 99A of the 1993 Act (trustees’ further duties: collective money purchase benefits);\n(d) an explanation that the member will not be able to transfer in the event of the scheme pursuing continuity option 1 within the meaning of sections 34 and 36 of the Pension Schemes Act 2021.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 1 para. 4 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), 3(9)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/1847/schedule/1/paragraph/4",
    "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."
}