Regulation 9 Amendment of the Registered Pension Schemes (Provision of Information) Regulations 2006

Regulation 14ZE (member to inform other schemes if active or contributing etc and, under paragraph 8C of Schedule 28, drawdown pension fund becomes flexi-access drawdown fund) is amended as follows—

(a)

at the end of the heading insert “and is flexibly accessed”,

(b)

omit “and” at the end of paragraph (1)(a) and insert after that paragraph—

“(b)
the individual accesses that flexi-access drawdown fund, and”,

(c)

renumber the existing sub-paragraph (b) of paragraph (1) as sub-paragraph (c) and in that sub-paragraph for “conversion date” substitute “date (the “first flexi-access date”) that the individual first flexibly accesses that flexi-access drawdown fund (the “first flexi-access”)”,

(d)

in paragraph (2)(a) for “conversion date” substitute “first flexi-access date”,

(e)

in paragraph (3)(b) for “conversion date” substitute “first flexi-access date” and for “conversion’s having occurred” substitute “first flexi-access having occurred”, and

(f)

in paragraph (4)(b) for “conversion date” substitute “first flexi-access date” and for “conversion’s having occurred” substitute “first flexi-access having occurred”.