Pensions Dashboards Regulations 2022 · PART 1 Value data requirements

4

Sch. 3 para. 4 · in force: yes

Captured statutory text (L5)

4

For members with collective money purchase benefits, trustees or managers of the pension scheme must provide the following value data—

(a)for active members—

(i)an annualised accrued value, calculated as if the individual has reached their retirement date on the illustration date and valued to the illustration date;

(ii)an annualised projected value based on the scheme’s rules and calculated as if the individual has reached their retirement date on the illustration date, as if future contributions continue, and without regard to future increases in earnings;

(b)for deferred members, an annualised projected value based on the scheme’s rules and valued to the illustration date.

Full captured verbatim text

For members with collective money purchase benefits, trustees or managers of the pension scheme must provide the following value data—

(a) for active members—

(i) an annualised accrued value, calculated as if the individual has reached their retirement date on the illustration date and valued to the illustration date;

(ii) an annualised projected value based on the scheme’s rules and calculated as if the individual has reached their retirement date on the illustration date, as if future contributions continue, and without regard to future increases in earnings;

(b) for deferred members, an annualised projected value based on the scheme’s rules and valued to the illustration date.

What this provision means

Model summary, checked against the text on the left.

Relevance to Signicat: 2/3 · detailed summary (L4) Status: not needed for a short provision · Stored artifact; current recipe verification unavailable

Trustees or managers must provide annualised accrued and projected value data for members with collective money purchase benefits.

Only the one-line summary above is stored for this provision; the text itself is the evidence.

Refers to

No captured references.

Referred to by

schedule ref schedule_ref · reg. 26

schedule ref schedule_ref · reg. 27

Part summaries

0 of 0 parts have a verified summary.

L1 unavailable for current verification: the overall summary needs every part verified. Provisions and the verified summaries remain readable.

Verification findings (52)

synthesis coverage: missing/unverified L2 part-1

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-1

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-2

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-3

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-4

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-5

synthesis coverage: missing/unverified L2 part-2

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-6

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-7

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-8

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-9

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-10

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-11

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-12

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-13

synthesis coverage: missing/unverified L2 part-3-chapter-1

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-14

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-15

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-16

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-17

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-18

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-19

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-20

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-21

synthesis coverage: missing/unverified L2 part-3-chapter-2

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-22

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-23

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-24

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-25

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-26

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-27

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-28

synthesis coverage: missing/unverified L2 part-4

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-29

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-30

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-31

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-32

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-33

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-34

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-35

synthesis coverage: missing/unverified L2 part-5

synthesis coverage: missing evaluation uk:uksi/2022/1220#regulation-36

synthesis coverage: missing/unverified L2 schedule-3-part-1

synthesis coverage: missing evaluation uk:uksi/2022/1220#schedule-3-paragraph-1

synthesis coverage: missing evaluation uk:uksi/2022/1220#schedule-3-paragraph-2

synthesis coverage: missing evaluation uk:uksi/2022/1220#schedule-3-paragraph-3

synthesis coverage: missing evaluation uk:uksi/2022/1220#schedule-3-paragraph-4

synthesis coverage: missing evaluation uk:uksi/2022/1220#schedule-3-paragraph-5

synthesis coverage: missing evaluation uk:uksi/2022/1220#schedule-3-paragraph-6

synthesis coverage: missing/unverified L2 schedule-3-part-2

synthesis coverage: missing evaluation uk:uksi/2022/1220#schedule-3-paragraph-7

Instrument tier unavailable

Change history as published

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Pending effects amendments not yet applied to this text

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Provenance

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Instrument: uk:uksi/2022/1220
Part: PART 1 Value data requirements
Version: 882e7c85099a2b6259409e3e…
Content hash: sha256 cab3ca395baa47d6278d350d…
Source: legislation.gov.uk/uksi/2022/1220