87 Stakeholder pension schemes

Chapter 7
Stakeholder Pension Schemes

87  Stakeholder pension schemes

(1)     The Welfare Reform and Pensions Act 1999 (c 30) is amended as follows.

(2)     Section 3 (duty of employers to facilitate access to stakeholder pension schemes) is amended as follows.

(3)     In subsection (1), for “the requirements set out below” substitute “the requirement in subsection (5)”.

(4)     After subsection (1) insert—

“(1A)     A relevant employee, in relation to an employer, is an employee of the employer who, on the relevant date, satisfies the conditions

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