Pensions Act (Northern Ireland) 2008 No. 1 - Explanatory Memorandum

Explanatory Memorandum

Pensions Act (Northern Ireland) 2008

2008 CHAPTER 1

11 February 2008

Commentary on Sections

Part 2: Occupational and personal pension schemes

Contracting-out

Section 15: Removal of Department’s role in approving actuarial guidance

Section 15 introduces amendments detailed in Schedule 5 relating to the removal of powers conferred on the Department to approve actuarial guidance.