Contracting-out, Protected Rights and Safeguarded Rights (Transfer Payment) Amendment Regulations 2005 come into force
Implementation date: 6 April 2006
The Regulations remove the requirement for the trustees of a transferring pension scheme to satisfy themselves that the member has permanently emigrated before making a transfer payment of contracted-out or safeguarded pension rights to an overseas pension scheme or arrangement. The draft Regulations (PDF format) can be viewed on the Department for Work and Pensions website.