(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)
The validity of the interim deed procedure has sometimes been
questioned. It has been argued that the interim deed does no more
than create an obligation to set up a trust and gives no rights to
the employee. The convenience of the procedure is however obvious
and you should accept its validity provided that the members have
been given adequate information about their rights under the
scheme.
