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House of Commons

Session 2003 - 04 Internet Publications Other Bills before Parliament

Pensions Bill

Pensions Bill viii
175    Entry of premises
176    Penalties relating to sections 174 and 175
177    Warrants
Provision of false or misleading information
178    Offence of providing false or misleading information to the Board
Use of information
179    Use of information
Disclosure of information
180    Restricted information
181    Disclosure for facilitating exercise of functions by the Board
182    Disclosure for facilitating exercise of functions by the Regulator
183    Disclosure for facilitating exercise of functions by other supervisory
authorities
184    Other permitted disclosures
185    Disclosure of information by the Inland Revenue
Provision of information to scheme members etc
186    Provision of information to members of schemes etc
Interpretation
187    Sections 173 to 186: interpretation
Reports
188    Publishing reports etc
Chapter 6
Reviews, appeals and maladministration
Review etc by the Board
189    Meaning of “reviewable matters”
190    Review and reconsideration by the Board of reviewable matters
191    Investigation by the Board of complaints of maladministration
The PPF Ombudsman
192    The Ombudsman for the Board of the Pension Protection Fund
193    Deputy PPF Ombudsmen
194    Status etc of the PPF Ombudsman and deputies
195    Annual reports to Secretary of State
References to the PPF Ombudsman
196    Reference of reviewable matter to the PPF Ombudsman
Pensions Bill ix
197    Investigation by PPF Ombudsman of complaints of maladministration
198    Publishing reports etc
199    Determinations of the PPF Ombudsman
200    Obstruction etc of the PPF Ombudsman
Chapter 7
Miscellaneous
Backdating the winding up of eligible schemes
201    Backdating the winding up of eligible schemes
Part 3
Scheme funding
Introductory
202    Pension schemes to which this Part applies
Scheme funding
203    The statutory funding objective
204    Statement of funding principles
205    Actuarial valuations and reports
206    Certification of technical provisions
207    Recovery plan
208    Schedule of contributions
209    Failure to make payments
210    Matters requiring agreement of the employer
211    Matters on which advice of actuary must be obtained
212    Powers of the Regulator
Supplementary provisions
213    Power to modify provisions of this Part
214    Construction as one with the Pensions Act 1995
Part 4
Financial planning for retirement
Retirement planning
215    Promoting and facilitating financial planning for retirement
216    Supply of information for purposes of section 215
217    Use and supply of information: private pensions policy and retirement
planning
218    Combined pension forecasts
Employee information and advice
219    Information and advice to employees
Pensions Bill x
Part 5
Occupational and personal pension schemes: miscellaneous provisions
Requirements for member-nominated trustees and directors
220    Requirement for member-nominated trustees
221    Requirement for member-nominated directors of corporate trustees
222    Member-nominated trustees and directors: supplementary
Obligations of trustees of occupational pension schemes
223    Investment principles
224    Requirement for knowledge and understanding: individual trustees
225    Requirement for knowledge and understanding: corporate trustees
226    Requirement for knowledge and understanding: supplementary
No indemnification for fines or civil penalties
227    No indemnification for fines or civil penalties
Pension protection on transfer of employment
228    Conditions for pension protection
229    Form of protection
Consultation by employers
230    Consultation by employers: occupational pension schemes
231    Consultation by employers: personal pension schemes
232    Further provisions about regulations relating to consultation
Modification of pension rights
233    Modification of subsisting rights
Short service benefit
234    Increase in age at which short service benefit must be payable
Safeguarding pension rights
235    Paternity leave and adoption leave
236    Inalienability of occupational pension
Voluntary contributions
237    Voluntary contributions
Payments by employers
238    Payments made by employers to personal pension schemes
239    Payments made by employers and members to occupational pension schemes
Pensions Bill xi
Deficiency in assets of certain occupational pension schemes
240    Debt due from the employer when assets insufficient
Pension disputes
241    Resolution of disputes
The Pensions Ombudsman
242    The Pensions Ombudsman and Deputy Pensions Ombudsmen
243    Jurisdiction
244    Investigations
Pension compensation
245    Amendments relating to the Pensions Compensation Board
Annual increases in rate of pensions
246    Annual increase in rate of certain occupational pensions
247    Annual increase in rate of certain personal pensions
248    Power to increase pensions giving effect to pension credits etc
Revaluation
249    Exemption from statutory revaluation requirement
Contracting out
250    Meaning of “working life” in Pension Schemes Act 1993
251    Power to prescribe conditions by reference to Inland Revenue approval
252    Restrictions on commutation and age at which benefits may be received
Stakeholder pensions
253    Meaning of “stakeholder pension scheme”
Part 6
State pensions
Entitlement to more than one pension
254    Persons entitled to more than one Category B retirement pension
Deferral of state pension
255    Deferral of retirement pensions and shared additional pensions
Miscellaneous
256    Disclosure of state pension information
257    Claims for certain benefits following termination of reciprocal agreement
with Australia
Pensions Bill xii
Part 7
Miscellaneous and supplementary
Dissolution of existing bodies
258    Dissolution of OPRA
259    Transfer of employees from OPRA to the Regulator
260    Dissolution of the Pensions Compensation Board
Service of notifications etc and electronic working
261    Service of notifications and other documents
262    Notification and documents in electronic form
263    Timing and location of things done electronically
General
264    Overriding requirements
265    Modification of this Act in relation to hybrid or multi-employer schemes
266    Offences by bodies corporate and partnerships
267    Admissibility of statements
268    Protected items
269    Liens
270    Crown application
Regulations and orders
271    Breach of regulations
272    Subordinate legislation (general provisions)
273    Parliamentary control of subordinate legislation
274    Consultations about regulations
Interpretation
275    General interpretation
Miscellaneous and supplementary
276    Minor and consequential amendments
277    Repeals and revocations
278    Pre-consolidation amendments
279    Commencement
280    Extent
281    Northern Ireland
282    Short title
Schedule 1   —    The Pensions Regulator
Part 1   —    Members of the Regulator
Part 2   —    Staff of the Regulator
Part 3   —    Members of the Determinations Panel
Pensions Bill xiii
Part 4   —    Proceedings and delegation etc
Part 5   —    Funding and accounts
Part 6   —    Status and liability etc
Schedule 2   —    The reserved regulatory functions
Part 1   —    Functions under the Pension Schemes Act 1993 (c. 48)
Part 2   —    Functions under the Pensions Act 1995 (c. 26)
Part 3   —    Functions under the Welfare Reform and Pensions Act 1999 (c.
30)
Part 4   —    Functions under this Act
Schedule 3   —    Restricted information held by the Regulator: certain
permitted disclosures to facilitate exercise of functions
Schedule 4   —    The Pensions Regulator Tribunal
Part 1   —    The Tribunal
Part 2   —    Constitution of the Tribunal
Part 3   —    Tribunal Procedure
Part 4   —    Status etc
Schedule 5   —    The Board of the Pension Protection Fund
Part 1   —    Members of the Board
Part 2   —    Staff of the Board
Part 3   —    Proceedings and delegation etc
Part 4   —    Accounts
Part 5   —    Status and liability etc
Schedule 6   —    Transfer of property, rights and liabilities to the Board
Schedule 7   —    Pension compensation provisions
Schedule 8   —    Restricted information held by the Board: certain permitted
disclosures to facilitate exercise of functions
Schedule 9   —    Reviewable matters
Schedule 10   —    Use and supply of information: private pensions policy and
retirement planning
Schedule 11   —    Deferral of retirement pensions and shared additional
pensions
Part 1   —    Principal amendments of Social Security Contributions and
Benefits Act 1992 (c. 4)
Part 2   —    Consequential amendments
Part 3   —    Transitional provisions
Schedule 12   —    Minor and consequential amendments
Schedule 13   —    Repeals and revocations
Part 1   —    Repeals
Part 2   —    Revocations

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