1.These explanatory notes relate to the Pension Schemes Act 2015 which received Royal Assent on 3 March 2015. They have been prepared by the Department for Work and Pensions in order to assist the reader of the Act. These explanatory notes do not form part of the Act and have not been endorsed by Parliament.
2.The notes need to be read in conjunction with the Act. They are not, and are not meant to be, a comprehensive description of the Act. So where a section or part of a section does not seem to require explanation or comment, none is given.
Introduction