Statutory Instruments
2012 No. 1811
Pensions
The Occupational Pension Schemes (Disclosure of Information) (Amendment) Regulations 2012
Made
11th July 2012
Laid before Parliament
12th July 2012
Coming into force
1st October 2012
The Secretary of State for Work and Pensions makes the following Regulations, in exercise of the powers conferred by sections 113(1), (2)(e) and (3), 181(1) and 182(2) and (3) of the Pension Schemes Act 1993( 1 ).
In accordance with section 185(1)( 2 ) of that Act, the Secretary of State has consulted such persons as the Secretary of State considers appropriate before making these Regulations.
Citation and commencement
1. —(1) These Regulations may be cited as the Occupational Pension Schemes (Disclosure of Information) (Amendment) Regulations 2012.
(2) These Regulations come into force on 1st October 2012.
Amendment of the Occupational Pension Schemes (Disclosure of Information) Regulations 1996
2. —(1)The Occupational Pension Schemes (Disclosure of Information) Regulations 1996( 3 ) are amended as follows.
(2) In regulation 1(2) (interpretation), after the definition of “independent trade union” insert—
“ “jobholder information” means the information specified in regulation 3 of the Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations 2010 ( 4 ) . ”
(3) For regulation 4(2)( 5 ) (basic information about the scheme), substitute —
“ (2) The information specified in Schedule 1 shall be given as of course, where practicable, to every prospective member, and where such information has not already been given to a person, it shall be given—
(a) where the trustees of the scheme have received jobholder information in relation to that person, to that person within 1 month of the scheme receiving that information, or
(b) where no jobholder information has been received, to that person within 2 months of his becoming a member of the scheme.
(2A) To the extent that any information specified in Schedule 1 has not previously been given to a member who was a deferred member of the scheme on 5 th April 1997, such information shall be given to that member within 2 months of his becoming a pensioner member. ”
(4) For paragraph 2 of Schedule 1, substitute—
“ (2) How persons who are eligible to be members of the scheme are admitted to it ” .
Signed by authority of the Secretary of State for Work and Pensions
Steve Webb
Minister of State
Department for Work and Pensions
11th July 2012
1993 c.48 . Section 181(1) is cited for the meaning it gives to “prescribed” and “regulations”.
Section 185(1) was amended by paragraph 46 of Schedule 3 to, and paragraph 80(a) of Schedule 5 to, the Pensions Act 1995 (c.26) .
The relevant amending instruments are S.I. 1997/3038 and S.I. 2010/2659 .