Draft regulations issued May 2011

Consultation ends on 24 June 2011

The draft Registered Pension Schemes Provision of Information (Amendment) Regulations 2011

The draft Registered Pension Schemes (Authorised Payments) (Amendment) Regulations 2011

The draft Registered Pension Schemes (Authorised Surplus Payments) (Amendment) Regulations 2011

The draft Pension Benefits (Insurance Company Liable as Scheme Administrator) (Amendment) Regulations 2011

The draft Registered Pension Schemes (Meaning of Pension Commencement Lump Sum) (Amendment) Regulations 2011

Draft regulations have been issued which will make consequential amendments relating to the removal of the annuitisation requirement and will also:  

  • make various changes to existing reporting requirements in light of the age 75 changes;
  • remove provisions which applied different rules to payments to individuals aged under or over 75;
  • remove references to alternatively secured pensions.