Moved by
Earl Howe
66: Clause 122, page 117, line 25, at end insert—
“(1A) The single financial guidance body may carry out other functions relating to pensions dashboard services, including functions for which provision is made by—
(a) regulations under section 238A of the Pensions Act 2004 or Article 215A of the Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1)) (qualifying pensions dashboard services),
(b) regulations under section 238D of the Pensions Act 2004 or Article 215D of the Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1)) (information from occupational pension schemes), or
(c) general rules under section 137FAA of the Financial Services and Markets Act 2000 (information from personal or stakeholder pension schemes).”
Member’s explanatory statement
This amendment enables the Money and Pensions Service to carry out functions relating to pension dashboard services, including functions for which provision is made by the regulations or general rules, whether relating to pension scheme information or state pension information.
67: Clause 122, page 117, line 25, at end insert—
“(1B) The functions of the single financial guidance body referred to in subsections (A1) to (1A) are part of its pensions guidance function.”
Member’s explanatory statement
This amendment secures that the functions of the Money and Pensions Service referred to in the Minister’s amendment at page 117, line 6, and the Minister’s other amendment at page 117, line 25, are part of its pensions guidance function.