Stakeholder Pension Schemes (Amendment) Regulations 2005 come into force
Implementation date: 6 April 2005
The
Regulations amend the Stakeholder Pension Schemes Regulations 2000 by inserting
provisions for the rights of a member of a stakeholder pension scheme who has
made no choice as to how his or her contributions should be invested to be
subject to 'lifestyling' from at least five years before his or her retirement
date. 'Lifestyling' is a process aimed at reducing the potential for variations
in the value of a member's rights caused by market conditions. The Regulations can
be viewed on the OPSI website.
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