Sections 5-7: Pension assets Section 6: "Eligible pension benefits"
This section provides that the following dormant pension benefits are in scope of the Scheme:
an income withdrawal that has become payable;
a personal pension with money purchase arrangements that has become payable; and
a personal pension with money purchase arrangements available to become payable.
	This provision excludes personal pension schemes whose owners were automatically enrolled, and any scheme with sums invested in with-profit funds.
	This section provides that:
a non-cash asset must be converted to cash in line with its relevant terms and conditions before it is eligible for transfer into the Scheme. Personal pension schemes are only in scope of the Scheme if this conversion happens because the owner is deceased. Where an income withdrawal is purchased as a standalone product (as opposed to becoming owed as part of a personal pension scheme), this conversion could also occur when it reaches its contractual end date; and
the amount that can be reclaimed will be adjusted as appropriate (e.g. for any relevant fees) so that the owner has the same right to repayment from the reclaim fund as they would have had against the participant if the transfer had not taken place.