Automatic transfer of pension benefits etc.
This section has no associated Explanatory Notes
32. Schedule17—
(a)requires the Department to make regulations under which, in certain circumstances, the cash equivalent of a person’s accrued rights to benefits under a pension scheme must be transferred to another scheme of which the person is an active member;
(b)permits the Department to make regulations requiring accounts relating to a person’s accrued rights to benefits under a pension scheme to be merged in certain circumstances.