The Pensions Dashboards (No. 2) Regulations (Northern Ireland) 2023 - screening

The proposed Statutory Rule, the Pensions Dashboards (No. 2) Regulations (Northern Ireland) 2023, revokes and replaces the Pensions Dashboards Regulations (Northern Ireland) 2023 (S.R. 2023 No. 91) (“the Dashboards Regulations”) as amended by the Pensions Dashboards (Amendment) Regulations (Northern Ireland) 2023 (S.R. 2023 No. 113) (“the Amendment Regulations”).

The Dashboards Regulations were made on 6 June 2023 and subsequently came into operation on 10 June 2023. The Amendment Regulations were made on 21 July 2023 and subsequently came into operation on 9 August 2023. Both the Dashboards Regulations and the Amendment Regulations are subject to the confirmatory procedure before the Assembly which means they must be approved by a resolution of the Assembly within six months of coming into operation or they cease to have effect.

Due to the absence of the Assembly, it will not be possible for the Dashboards Regulations or the Amendment Regulations to be approved before they cease to have effect. Therefore, in order to continue to provide the legislative basis in respect of pensions dashboard services, it is proposed that the Pensions Dashboards (No. 2) Regulations (Northern Ireland) 2023 will revoke and replace the Dashboards Regulations and the Amendment Regulations. There is no change to the legislative content.