Subject to the following exceptions, where a person is entitled to a pension under an occupational pension scheme1 or has a right to a future pension2 under such a scheme:
(1) the entitlement or right cannot be assigned, commuted or surrendered3;
(2) the entitlement or right cannot be charged or a lien exercised in respect of it4; and
(3) no set-off can be exercised in respect of it5,
and an agreement to effect any of those things is unenforceable6.
Where by virtue of these provisions a person's
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234