Guidance
Money purchase benefits in pensions law: guidance on changes from 2014
Guidance on changes to the definition of money purchase benefits in occupational pension schemes from July 2014.
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This guidance is for supporting trustees or managers of occupational pension schemes. It explains changes to the definition of money purchase benefits in occupational pension schemes under section 29 of the Pensions Act 2011 from July 2014.
The changes are contained in the:
- Pensions Act 2011 (Consequential and Supplementary Provisions) Regulations 2014
- Pensions Act 2011 (Transitional, Consequential and Supplementary Provisions) Regulations 2014
We consulted on these changes between 31 October 2013 and 12 December 2013.