PART VFINANCIAL PLANNING FOR RETIREMENT

Retirement planning

Supply of housing benefit information213

1

Section 116D of the Social Security Administration (Northern Ireland) Act 1992 (c. 8) (supply of information by the Housing Executive) is amended as follows.

2

In subsection (1) for “or employment or training” substitute “, employment or training, private pensions policy or retirement planning”.

3

After subsection (2) insert—

2A

Information supplied under subsection (2) may be used for any purpose relating to private pensions policy or retirement planning.

4

After subsection (5) add—

6

In this section—

  • “private pensions policy” means policy relating to occupational pension schemes or personal pension schemes;

  • “retirement planning” means promoting financial planning for retirement.