Registered Pension Schemes (Authorised Payments) (Amendment) Regulations 2012 come into force

Implementation date: 6 April 2012

The Regulations prescribe that a commutation payment that is not otherwise permitted under the Finance Act 2004 amounts to an authorised payment under the Registered Pension Schemes (Authorised Payments) Regulations 2009 (SI 2009/1171) if certain requirements are met. The Regulations can be viewed on the UK legislation website.