Which body issues a Pension Adjustment Order (PAO)?

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Prepare for the Qualified Financial Adviser (QFA) Pensions Exam 2. Test your knowledge with flashcards and multiple choice questions. Review detailed explanations for each question and get ready to succeed!

Multiple Choice

Which body issues a Pension Adjustment Order (PAO)?

Explanation:
A Pension Adjustment Order is a formal instruction created in family-law proceedings to share or adjust pension benefits between spouses on divorce. This type of order is issued by the Courts, not by regulators or tax authorities, and once made it binds the pension scheme administrator to implement the terms. The other bodies regulate or investigate pension matters, but they do not issue PAOs.

A Pension Adjustment Order is a formal instruction created in family-law proceedings to share or adjust pension benefits between spouses on divorce. This type of order is issued by the Courts, not by regulators or tax authorities, and once made it binds the pension scheme administrator to implement the terms. The other bodies regulate or investigate pension matters, but they do not issue PAOs.

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