3.3.16 Prior to 1 June 2018, staff who were not eligible to join the CSP arrangements could open a designated stakeholder pension account. This was also open as a ‘top up’ to members belonging to one of the main CSP arrangements.
3.3.17 The stakeholder pension scheme was closed to new members with effect from 1 June 2018 and to existing members from 1 September 2018.
3.3.18 Members now have the option to join the AVC scheme and have the option to transfer their existing standalone benefits to that scheme.