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Our response to comments received as part of the draft Occupational Pension Schemes regulations consultation.
This consultation sought views on whether the amendments contained in the draft Occupational Pension Schemes (Assignment, Forfeiture, Bankruptcy etc) (Amendment) Regulations 2011 achieve the policy objective of allowing a member to agree to a surrender of their rights under a pension scheme, for the purpose of meeting an annual allowance charge.
This consultation was aimed at individuals who have responsibility for administering occupational pensions.