Paragraph 20

After section 101N insert—

“Prohibition on excluding transfers of some rights without others etc

101NA

Except as mentioned in sections 96(4) and 101G(4), a pension scheme may not contain rules that would have the effect of—

(a)

preventing a member from exercising a right under this Chapter in relation to a category of benefits without also exercising a right under this Chapter or otherwise to require a transfer payment to be made in respect of another category of benefits, or

(b)

preventing a member who exercises a right under this Chapter in relation to a category of benefits from accruing rights to benefits in another category.”