Powered by Lexis+®
Jurisdiction(s):
United Kingdom
CASE STUDY

“I'm able to do more in the day, which means I'm providing more value to my clients - and it's helped my margins in terms of how much I can bill. LexisNexis is helping me make money.”

ParrisWhittaker

Access all documents on Schedule 3 orders

Schedule 3 orders meaning

What does Schedule 3 orders mean?
A pensions practitioner’s shorthand for the annual Occupational Pensions (Revaluation) Orders that set the statutory revaluation percentages to be applied to preserved (deferred) benefits between a member leaving an occupational pension scheme and their normal pension date. These Orders are made under Schedule 3 to the Pensions Act 1993 (Great Britain) and the parallel Schedule 3 to the Pension Schemes (Northern Ireland) Act 1993. They specify the percentage increases for each revaluation period, calculated by reference to CPI and subject to statutory caps (commonly 5% for certain earlier accrual and 2.5% for later accrual), and must be applied unless the scheme provides more generous terms. Schedule 3 orders are central to statutory revaluation, scheme administration and benefit calculations for deferred members, and affect matters such as preserved pension quotes, cash equivalent transfer values and funding assumptions. They sit alongside, but are distinct from, other statutory mechanisms (for example, GMP revaluation and section 148 orders). Usage is consistent across England & Wales and Scotland, with matching NI Orders each year. The Republic of Ireland has its own revaluation framework under the Pensions Act 1990; the expression “Schedule 3 orders” is not used there.
Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.

View the related News about Schedule 3 orders

NEWS
UK Immigration: Digital Status Rollout, Asylum Accommodation Report, Windrush Compensation Overhaul, Switzerland SMA Extension, Key Case Law, Right to Work Consultation and Enforcement, Citizenship Deprivation During Appeals—30 October 2025

In this issue: Key developments UK immigration control: how it works Business, investment and non-sponsored work Challenging immigration decisions and enforcement Preventing illegal working Citizenship applications Daily and weekly news alerts New and updated content Latest Q&A Key developments Future developments—Immigration calendar Our Immigration calendar sets out key forthcoming developments relevant to business immigration advisers. UK immigration control: how it works Vignettes may no longer be issued for more routes from 30 October 2025 The Home Office has issued an update on its shift to a fully digital immigration status. From 30 October 2025, successful applicants for entry clearance in specified work, study and family routes, or for settlement under any route, may no longer receive an entry clearance vignette in their passport. Instead, they will be required to create a UKVI account and ensure they can access it before travelling to the UK. Further detail on the exact categories affected...

Read More Right Arrow
NEWS
UK Public Law weekly: Brexit SIs, devolution and Parliament updates, PAP reforms, ECHR and FOI rulings, procurement, subsidy control - 28 November 2024

In this issue: Brexit SIs Guidance for the post-Brexit transition Constitutional and administrative law Judicial review Equality and human rights Public procurement Subsidy control and State aid Information law Further public law news Daily and weekly alerts New and revised content Key dates for your diary Trackers Useful information Brexit SIs Collective Investment Schemes (Temporary Recognition) and Central Counterparties (Transitional Provision) (Amendment) Regulations 2024 SI 2024/1215: These Regulations facilitate putting into effect the government’s inaugural equivalence decision within the Overseas Funds Regime (OFR). They modify two instruments of UK secondary legislation concerning financial services. The measures rely on powers conferred by the Financial Services and Markets Act 2023 (FSMA 2023) and the Collective Investment Schemes (Amendment etc) (EU Exit) Regulations 2019 (SI 2019/325) in relation to assimilated law. They entered into force on 26 November 2024. See: LNB News 26/11/2024 22. Offshore Asset Moves Penalty (Specified Territories) (Amendment) Regulations...

Read More Right Arrow

View the related Practice Notes about Schedule 3 orders

PRACTICE NOTES
2022 appeal round-up and tracker: key civil litigation decisions and forthcoming Supreme Court cases (England and Wales)

Practice Note This Practice Note consists of two strands created to help dispute resolution practitioners remain up to date with developments in case law that affect their field, or which influence civil litigation procedure more generally: selected forthcoming appeals to the Supreme Court are highlighted below; see Key forthcoming appeals to the Supreme Court—2022 summaries of significant appeal decisions in England and Wales (ie rulings of the Court of Appeal and Supreme Court and, where appropriate, certain judgments of the Competition Appeal Tribunal, Judicial Committee of the Privy Council, Court of Justice of the European Union), and ECtHR, which we have covered; see: Key forthcoming appeal cases—2022 You can navigate this content using the table of contents in the left-hand margin. Alternatively, search this tracker using [CTRL]+[F]. This material is not intended to be a comprehensive register of every appeal or major decision relevant to dispute resolution practitioners. Key forthcoming appeals to the Supreme Court—2022 Tort and negligence ...

Read More Right Arrow
PRACTICE NOTES
Community Orders in England and Wales: Breach, Further Offences, Revocation, Amendment and Resentencing (CrimPR 2025)

Revocation for breach of community order By virtue of paragraphs 10 and 11 of Schedule 10, Part 2 to the Sentencing Act 2020 (SA 2020), the Crown Court or a magistrates' court has the power to revoke a community order and to resentence where an offender, without a reasonable excuse, has failed to comply with any of the requirements of that order. The procedure governing applications for amendment, revocation or variation of community orders is set out in the Criminal Procedure Rules 2025, SI 2025/909, Part 32 (CrimPR 2025). See further, Practice Note: Breach of a community order. Powers of the magistrates' court to revoke other than for breach SA 2020 further provides that, so long as the order remains in force, either the offender or the 'responsible' officer may apply to the magistrates' court for the order to be revoked, or for the offender to be dealt with in some other way for the offence. This application is sometimes referred to as a 'Part 3 application',...

Read More Right Arrow
PRACTICE NOTES
UK FSMA injunctive relief and freezing orders: FCA, PRA and BoE powers, market abuse and court sanctions, CRA 2015 actions, case law and practical guidance

This Practice Note This Practice Note reviews the remit of the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Bank of England (BoE) to seek injunctive relief from the High Court under section 380 of the Financial Services and Markets Act 2000 (FSMA 2000). For the FCA in particular, it also covers injunctions addressing market abuse under section 381, including applications brought alongside requests for administrative sanctions under section 129. The Note additionally considers the FCA’s ability to obtain asset-freezing orders via sections 380 and 381 and the court’s inherent jurisdiction, together with its power to pursue injunctions under the Consumer Rights Act 2015 (CRA 2015). It incorporates updates to the FCA’s Enforcement Guide (ENFG), which has replaced the previous Enforcement Guide (EG) for investigations opened on or after 3 June 2025, and cross-refers to relevant legacy guidance in EG 10 for earlier investigations. It explains how the FCA deploys these powers, offers examples and surveys pertinent case law. Unless stated otherwise, references to sections in...

Read More Right Arrow

View the related Precedents about Schedule 3 orders

PRECEDENTS
Pro-supplier framework services agreement with call-off orders (single-contract), including data protection and economic crime compliance schedules — England and Wales

Dated [ date ], this Agreement is entered into between the parties identified below. Parties [ insert name of Customer ] [ of OR a company incorporated in [ England and Wales ] with registered number [ insert registered number ] and whose registered office is at [ insert address ] ] (the Customer) [ insert name of Supplier ] [ of OR a company incorporated in [ England and Wales ] with registered number [ insert registered number ] and whose registered office is at [ insert address ] ] (the Supplier) Each of the Supplier and the Customer is a party; together, they are the parties. Background The Customer carries on the business of [ insert description ]. The Supplier conducts the business of providing [ insert description of services ] to other businesses. The parties have agreed that the Supplier will provide services to the Customer on the terms contained in this Agreement....

Read More Right Arrow
PRECEDENTS
B2B supply of goods framework agreement (supplier‑favourable): optional exclusivity, minimum spend, retention of title, IPR indemnity and price variation (England and Wales law)

This Agreement is entered into on [ date ] Parties [ insert name of supplier ] [ of OR trading as [ insert trading name ] of OR a company incorporated in [ England and Wales ] under number [ insert registered number ] whose registered office is at ] [ insert address ] (the Supplier); [ insert name of customer ] [ of OR trading as [ insert trading name ] of OR a company incorporated in [ England and Wales ] under number [ insert registered number ] whose registered office is at ] [ insert address ] (the Customer), (each of the Supplier and the Customer being a party, and together the Supplier and the Customer constituting the parties) Background The Supplier carries on the business of supplying [ insert description ] to other businesses. The Customer carries on the business of [ insert description ]. The parties have agreed that the Supplier...

Read More Right Arrow
PRECEDENTS
Precedent: Residential property sale contract by mortgagee exercising statutory power of sale (England and Wales)

Date [ date ] Parties [ name of mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Seller) [ name of (first) Buyer ] [ and [ name of second Buyer ] both ] of [ address ] ([ together ] Buyer) 1 Definitions In this Agreement, the following terms shall have these meanings: Actual Completion Date – the day on which the Transfer is actually finalised; [ Buyer’s Solicitors – [ name ] of [ address ] (reference [ details ]); ] Completion Date – [ date ]; [ Contents – the items specified in Appendix 2; ] [ Contents Price – £[ amount in figures ] ([ amount in words ] pounds); ] Deposit – [ figure ]% of the Price; [ Documents – the documents identified in the Schedule; ] Legislation...

Read More Right Arrow

View the related Q&As about Schedule 3 orders

Q&As
Post-18 tertiary education after lapsed child maintenance order: para 2(3) Sch 1 CA 1989; child or PWC?

The young person is now past 18, has finished secondary schooling and is moving on to higher education. The prior maintenance arrangement has now ceased, and the child intends to seek financial provision under Schedule 1 of the Children Act 1989 (ChA 1989) by making their application. Under ChA 1989, Sch 1, a parent, guardian, or special guardian of a child, or any person in whose favour a residence order is in force with respect of a child, may apply for a range of orders for the benefit of a child as provided under Sch 1...

Read More Right Arrow
Q&As
Para 20 ECC orders: Rights without prior operator occupation

The Electronic Communications Code The Electronic Communications Code (the ‘Code’), found in sections 106–119 and Schedule 3A Pt 1 to the Communications Act 2003, enables Ofcom-authorised operators to obtain rights over land for a range of purposes (see Code para 3). Code rights can be conferred by agreement between a land occupier and an operator, and, in practice, telecoms providers ordinarily seek to secure consensual terms at the outset. If agreement cannot be reached, the Upper Tribunal (UT) has authority to confer Code rights without the occupier’s consent. The process is initiated by the operator serving a notice under paragraph 20 of the Code...

Read More Right Arrow