Stakeholder Pension Schemes (Amendment) Regulations (Northern Ireland) 2005 come into force
Implementation date: 6 April 2005
The Regulations amend the Stakeholder Pension Schemes Regulations (Northern Ireland) 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.