(This Note is not part of the instrument and does not purport to be a legal interpretation.)

Section 54 of the Pensions Act, 1990, as amended by section 37 of the Social Welfare and Pensions Act 2007, provides that the trustees of large trust RACs must make prescribed information available to their members. These Regulations prescribed the information to be made available. The information is similar to that which is required to be made available by the trustees of large defined contribution occupational pension schemes.