PTM164120 - Information and administration: information the scheme administrator must provide for individual protection 2016

Glossary

PTM000001

Regulation 14C The Registered Pension Schemes (Provision of Information) Regulations 2006 - SI 2006/567

A member can ask a scheme administrator for help in calculating their relevant amount to enable the member to make an application for individual protection 2016.  The scheme administrator must provide the information if:

  • the individual was a member of the scheme on 5 April 2016,
  • the individual makes their request in writing
  • the scheme administrator receives the request before 6 April 2020, and
  • the information requested is necessary for calculating the value of the member’s relevant amount for the purposes of individual protection 2016

The scheme administrator must give the information to the member within three months of receiving the member’s  written request for information.

Paragraph 14(3) Schedule 4 Finance Act 2016

An individual will no longer be able to make an application for individual protection 2016 from 6 April 2025.