18 Personal pension schemes: requirements to refer members to guidance etc

Rules etc about financial guidance

18  Personal pension schemes: requirements to refer members to guidance etc

(1)     Section 137FB of the Financial Services and Markets Act 2000 (FCA general rules: disclosure of information about the availability of pensions guidance) is amended as follows.

(2)     After subsection (1), insert—

“(1A)     The FCA must also make general rules requiring the trustees or managers of a relevant pension scheme to take the steps mentioned in subsections (1B) and (1C) in relation to an application from a member or survivor—

(a)     to transfer any rights accrued under the scheme, or

(b)     to start receiving benefits provided by the scheme.

(1B)

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