The second commencement order under the Bank of England and Financial Services Act 2016 brings into force from 13 May the provisions on pensions guidance, which extend the definition of pensions guidance to include that given for the purposes of helping an individual who has a relevant interest in relation to a relevant annuity to make decisions in connection with transferring or otherwise dealing with the right to payments under that annuity. It also brought into force provisions extending the definition of “member” in relation to certain schemes. (Source: Pensions guidance rules come into force)