Part 6Private pensions
Transfer of pension benefits
33Automatic transfer of pension benefits etc
Schedule 17—
(a)
requires the Secretary of State 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 Secretary of State to make regulations requiring accounts relating to a person's accrued rights to benefits under a pension scheme to be merged in certain circumstances.