{
  "url": "https://openlegislation.uk/registered-pension-schemes-provision-of-information-amendment-regulations-2016/note",
  "json_url": "https://openlegislation.uk/registered-pension-schemes-provision-of-information-amendment-regulations-2016/note.json",
  "legislation": "uksi/2016/308",
  "legislation_title": "The Registered Pension Schemes (Provision of Information) (Amendment) Regulations 2016",
  "legislation_url": "https://openlegislation.uk/registered-pension-schemes-provision-of-information-amendment-regulations-2016",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the Registered Pension Schemes (Provision of Information) Regulations 2006 (S.I. 2006/567) (“the 2006 Regulations”) which concern the provision of information by persons such as members and scheme administrators of registered pension schemes.\nRegulation 14A of the 2006 Regulations specifies the information that the scheme administrator of a pension scheme is required to provide to members of that scheme in relation to the annual allowance for tax-relieved pensions savings.\nRegulation 2 inserts new regulation 14A(1A) into the 2006 Regulations. This change is consequential upon the amendments to Part 4 of the Finance Act 2004 (c. 12) made by Schedule 4 to the Finance (No. 2) Act 2015 (c. 33) which reduce the pensions annual allowance for high-income individuals with effect from 6th April 2016 and make related changes to pension input periods, the calculation of pension input amounts and the carry-forward of unused annual allowance.\nUnder those amendments, for the purposes of the annual allowance tax year 2015-16 is treated as consisting of two tax years, the pre-alignment tax year (6th April – 8th July 2015) and the post-alignment tax year (9th July 2015 – 5th April 2016). The modifications made by new paragraph (1A) specify how the information requirements in regulation 14A are to be applied for tax year 2015-16.\nNew paragraph (1A)(a) provides that the default position is that tax year 2015-16 is to be treated as a single tax year for the purposes of the information requirements in regulation 14A.\nNew paragraph (1A)(b) modifies regulation 14A(1)(b)(i) so that the scheme administrator will only be required to provide a pension savings statement to a member for tax year 2015-16 if either the member’s pension input amounts for tax year 2015-16 as a whole exceed £80,000, or the member’s pension input amounts for the post-alignment tax year exceed £40,000.\nNew paragraph (1A)(c) provides that paragraphs 14A(2)(a) and (c) and (10)(a) to (c) and (f) are exceptions to the default position. Separate information must be provided under those paragraphs for the pre-alignment and post-alignment tax years.\nNew paragraphs (1A)(d) to (f) provide that certain information that is normally required to be provided under regulation 14A is not required to be provided for tax year 2015-16.\nA Tax Information and Impact Note was published on 8th July 2015 alongside the Finance (No. 2) Bill as part of the Summer Budget 2015 and is available on the government website at www.gov.uk/government/publications/ pensions-tapered-annual-allowance. It remains an accurate summary of the impacts that apply to this instrument.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2016/308/note",
    "retrieved_at": "2026-10-28T23:26:03.675845+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."
}