{
  "url": "https://openlegislation.uk/registered-pension-schemes-provision-of-information-regulations-2006/regulation-17",
  "json_url": "https://openlegislation.uk/registered-pension-schemes-provision-of-information-regulations-2006/regulation-17.json",
  "legislation": "uksi/2006/567",
  "legislation_title": "The Registered Pension Schemes (Provision of Information) Regulations 2006",
  "legislation_url": "https://openlegislation.uk/registered-pension-schemes-provision-of-information-regulations-2006",
  "path": "regulation/17",
  "kind": "regulation",
  "number": "17",
  "heading": "Payments to insurance companies from drawdown pension funds",
  "text": "(1) This regulation applies if a registered pension scheme has provided an insurance company with sums or assets from a drawdown pension fund or flexi-access drawdown fund, to secure the payment of—\n(a) a scheme pension, or\n(b) a lifetime annuity.\n(2) If the sums or assets provided comprise part of the member’s drawdown pension fund or of the member's flexi-access drawdown fund, the scheme administrator shall provide the insurance company, within 3 months of the purchase of the pension or annuity, with a statement of the amount of the member’s lump sum allowance, and the amount of the member’s lump sum and death benefit allowance, expended by the member becoming entitled to the scheme pension or the lifetime annuity.\n(3) The insurance company shall provide to each pensioner or annuitant, at least once in each tax year, a statement of the amount of the member’s lump sum allowance, and the amount of the member’s lump sum and death benefit allowance, expended at the date of the statement, in respect of that pension or annuity.\nBut no statement is required if the amount expended is nil.\n(4) If the sums or assets provided comprise the whole of the member’s drawdown pension fund or of the member's flexi-access drawdown fund, the scheme administrator shall provide the insurance company, within 3 months of the purchase of the pension or annuity, with a statement containing the information in paragraph (5).\n(5) The information is—\n(a) the sum of the amounts of the member’s lump sum allowance, and the sum of the amounts of the member’s lump sum and death benefit allowance, expended by—\n(i) relevant benefit crystallisation events in respect of the scheme referred to in paragraph (4) (“A”), to the extent that the sums and assets subject to those events have not been the subject of a transfer to another registered scheme; and\n(ii) where A has received (whether directly or indirectly) a transfer in respect of that member, any relevant benefit crystallisation event prior to the transfer in connection with the sums and assets represented by the transfer and sums and assets which were replaced by the sums and assets mentioned in paragraph (i), less\n(b) the sum of the amounts of the member’s lump sum allowance, and the sum of the amounts of the member’s lump sum and death benefit allowance, expended by relevant benefit crystallisation events—\n(i) which have been the subject of a statement under paragraph (2),\n(ii) which have been the subject of a statement under regulation 16(2), or\n(iii) which are referable to sums or assets which continue to be held by A.\n(6) The insurance company shall provide to the pensioner or annuitant, once in each tax year, a statement containing the information in paragraph (7).\n(7) The information is—\n(a) the sum of the amounts of the member’s lump sum allowance, and the sum of the amounts of the member’s lump sum and death benefit allowance, expended by—\n(i) relevant benefit crystallisation events in respect of the scheme referred to in paragraph (4) (“A”), to the extent that the sums and assets subject to those events have not been the subject of a transfer to another registered scheme;\n(ii) relevant benefit crystallisation events in respect of a scheme pension after the pensioner first became entitled to it; and\n(iii) where A has received (whether directly or indirectly) a transfer in respect of that member, any benefit crystallisation event prior to the transfer in connection with the sums and assets represented by the transfer and sums and assets which were replaced by the sums and assets mentioned in paragraph (i), less\n(b) the sum of the amounts of the member’s lump sum allowance, and the sum of the amounts of the member’s lump sum and death benefit allowance, expended by benefit crystallisation events—\n(i) which have been the subject of a statement under paragraph (2),\n(ii) which have been the subject of a statement under regulation 16(3), or\n(iii) which are referable to sums or assets which continue to be held by A.\n(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 17(1) substituted (11.8.2011) by The Registered Pension Schemes (Provision of Information) (Amendment) (No.2) Regulations 2011 (S.I. 2011/1797), regs. 1(1), 12(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in reg. 17(1) inserted (6.4.2015) by Taxation of Pensions Act 2014 (c. 30), Sch. 1 para. 35(5)(12) (with Sch. 1 para. 35(7)(11))"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in reg. 17(2) substituted (11.8.2011) by The Registered Pension Schemes (Provision of Information) (Amendment) (No.2) Regulations 2011 (S.I. 2011/1797), regs. 1(1), 12(b)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in reg. 17(2) inserted (6.4.2015) by Taxation of Pensions Act 2014 (c. 30), Sch. 1 para. 35(6)(12) (with Sch. 1 para. 35(7)(11))"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in reg. 17(2) substituted (for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 121(2), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in reg. 17(3) substituted (for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 121(3)(a), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Words in reg. 17(3) substituted (for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 121(3)(b), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4)"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Words in reg. 17(4) substituted (11.8.2011) by The Registered Pension Schemes (Provision of Information) (Amendment) (No.2) Regulations 2011 (S.I. 2011/1797), regs. 1(1), 12(b)"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "Words in reg. 17(4) inserted (6.4.2015) by Taxation of Pensions Act 2014 (c. 30), Sch. 1 para. 35(6)(12) (with Sch. 1 para. 35(7)(11))"
    },
    {
      "type": "F",
      "label": "F10",
      "text": "Words in reg. 17(5)(a) substituted (for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 121(4)(a)(i), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4)"
    },
    {
      "type": "F",
      "label": "F11",
      "text": "Words in reg. 17(5)(a)(i) substituted (for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 121(4)(a)(ii), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4)"
    },
    {
      "type": "F",
      "label": "F12",
      "text": "Words in reg. 17(5)(a)(ii) substituted (for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 121(4)(a)(iii), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4)"
    },
    {
      "type": "F",
      "label": "F13",
      "text": "Words in reg. 17(5)(b) substituted (for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 121(4)(b), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4)"
    },
    {
      "type": "F",
      "label": "F14",
      "text": "Words in reg. 17(5)(b) substituted (for the tax year 2024-25 and subsequent tax years) by The Pensions (Abolition of Lifetime Allowance Charge etc) Regulations 2024 (S.I. 2024/356), regs. 1(3), 9(9)(a)"
    },
    {
      "type": "F",
      "label": "F15",
      "text": "Words in reg. 17(7)(a) substituted (for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 121(5)(a)(i), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4)"
    },
    {
      "type": "F",
      "label": "F16",
      "text": "Words in reg. 17(7)(a)(i) substituted (for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 121(5)(a)(ii), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4)"
    },
    {
      "type": "F",
      "label": "F17",
      "text": "Words in reg. 17(7)(a)(ii) substituted (for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 121(5)(a)(iii), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4)"
    },
    {
      "type": "F",
      "label": "F18",
      "text": "Words in reg. 17(7)(b) substituted (for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 9 paras. 121(5)(b), 124 (with Sch. 9 paras. 125-132A) (as amended by S.I. 2024/356, regs. 1, 4)"
    },
    {
      "type": "F",
      "label": "F19",
      "text": "Reg. 17(8) omitted (for the tax year 2024-25 and subsequent tax years) by virtue of The Pensions (Abolition of Lifetime Allowance Charge etc) Regulations 2024 (S.I. 2024/356), regs. 1(3), 9(9)(b)"
    },
    {
      "type": "F",
      "label": "F20",
      "text": "Words in s. 17 heading substituted (11.8.2011) by The Registered Pension Schemes (Provision of Information) (Amendment) (No.2) Regulations 2011 (S.I. 2011/1797), regs. 1(1), 11"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 17 in force at 6.4.2006, see reg. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/567/regulation/17",
    "retrieved_at": "2026-10-31T10:31:04.598024+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."
}