PSI1.1.13 - Establishment and Administration of Retirement Benefits Schemes: Retirement Benefits Schemes - Retirement Benefits Schemes

(This archived guidance relates to HMRC discretionary practice before the 6th April 2006. For current guidance on Registered Pension Schemes see the Registered Pension Schemes Manual)

Retirement benefits schemes can take many forms. The main kinds, are:

1. Unfunded Schemes;
2. Individual Arrangements;
3. "Hancock" annuities;
4. Earmarked Schemes;
5. Common Trust Funds;
6. Free-Standing AVC Schemes;
7. Simplified Defined Contribution Schemes.