Northern Ireland Statutory Rule SI 2015/165 United Kingdom

The Pension Schemes Act 2015 (Transitional Provisions and Appropriate Independent Advice) Regulations (Northern Ireland) 2015

Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Trustee1 Employer1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Trustee — also bound by 104 other Acts
Employer — also bound by 682 other Acts

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.008 Requirement to provide risk warnings in relation to safeguarded-flexible benefits Regulated
  • Provide risk warnings to members/survivors with safeguarded-flexible benefitsTrustee
s.012 Circumstances in which an employer is required to arrange or pay for advice Regulated
  • Arrange and pay for independent advice when sending pension conversion/transfer communicationsEmployer
13 other provisions — procedural and definitional
s.001 Citation, commencement and interpretation
s.002 Transitional provisions relating to the coming into force of section 51 of the Act
s.003 Appropriate independent advice – further requirements
s.004 Meaning of authorised independent adviser
s.005 Exception to section 51(1) of the Act
s.006 Information to be provided to the member or survivor
s.007 Form of confirmation of appropriate independent advice
s.008 Information to be provided on initial enquiry
s.008 Meaning of “relevant guarantee”
s.008 Content of risk warnings in relation to safeguarded-flexible benefits
s.009 Determination of whether exception applies and check that advice received
s.010 Information to be provided where the value of cash equivalent is increased or reduced
s.011 Requirement to check that the authorised independent adviser has permission to carry on regulated activity

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.