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The Pensions (2008 Act) (Abolition of Contracting-out for Defined Contribution Pension Schemes) (Consequential Provisions) Regulations (Northern Ireland) 2012

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PART 4Amendments coming into operation on 6th April 2015

Amendment of the Personal Pension Schemes (Disclosure of Information) Regulations

17.—(1) The Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 1987(1) are amended in accordance with paragraphs (2) to (4).

(2) In regulation 5(2)(a)(2) (information to be made available to individuals) for “paragraphs 1, 2 and 12” substitute “paragraphs 1 and 2”.

(3) For paragraph 6(3) of Schedule 1 (basic information about the scheme) substitute—

6.  How contributions by members and their employers are paid to the scheme..

(4) In Schedule 2 (information to be made available to individuals)—

(a)in paragraph 1(4) omit the words from “, and, where the scheme was at any time before the abolition date” to the end;

(b)omit paragraph 12(5).

Amendment of the Occupational Pension Schemes (Contracting-out) Regulations

18.—(1) The Occupational Pension Schemes (Contracting-out) Regulations (Northern Ireland) 1996(6) are amended in accordance with paragraphs (2) to (4).

(2) Omit regulation 31(7) (deduction of minimum payments from earnings).

(3) Omit regulation 32(8) (minimum payments to be made by employers to trustees).

(4) Omit regulation 33 (calculation of minimum payments).

Amendment of the Occupational Pension Schemes (Disclosure of Information) Regulations

19.  In paragraph 5(1) of Schedule 2 to the Occupational Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 1997(9) (information to be made available to individuals) omit the words from “and, where the scheme was at any time before the abolition date” to the end.

Amendment of the Stakeholder Pension Schemes Regulations

20.—(1) The Stakeholder Pension Schemes Regulations (Northern Ireland) 2000(10) are amended in accordance with paragraphs (2) to (4).

(2) In regulation 1(3) (interpretation) omit the definitions of “minimum contributions” and “minimum payments”.

(3) In regulation 17(2) (restrictions on contributions) omit the words from “, minimum contributions” to the end.

(4) In paragraph 2 of Schedule 3(11) (information for members) omit sub-paragraphs (e), (f) and (g).

(2)

Paragraphs (2) and (2ZA) were substituted for paragraph (2) by regulation 2(4)(a) of S.R. 2010 No. 373

(3)

Paragraph 6 is amended by regulation 4(6)(b) of these Regulations

(4)

Paragraph 1 was amended by regulation 6(e) of S.R. 1988 No. 107, regulation 23 of S.R. 1992 No. 304, paragraph 13(5) of Schedule 2 to S.R. 1994 No. 300, Article 23(4)(a) of S.I. 2006/744 and regulation 2(a) of S.R. 2007 No. 185 and is amended by regulation 4(7)(a) of these Regulations

(5)

Paragraph 12 was added by regulation 2 of S.R. 1996 No. 508

(6)

S.R. 1996 No. 493; relevant amending provisions are S.R. 2002 No. 109, S.I. 2007/1154 and these Regulations

(7)

Regulation 31 was amended by regulation 2(11) of S.R. 2002 No. 109 and regulation 8(3) of S.I. 2007/1154 and is amended by regulation 6(9) of these Regulations

(8)

Regulation 32 was amended by regulation 8(4) of S.I. 2007/1154 and is amended by regulation 6(10) of these Regulations

(9)

S.R. 1997 No. 98; paragraph 5(1) is amended by regulation 8(4)(a) of these Regulations

(10)

S.R. 2000 No. 262; relevant amending Regulations are S.R. 2010 No. 373

(11)

Schedule 3 was added by regulation 4(7) of S.R. 2010 No. 373

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