(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 declaration of trust setting up a scheme normally
appoints the first trustees. They will normally sign the deed and
so indicate their acceptance of trusteeship. In English law it is
not necessary to accept office formally so you should assume that a
person named as trustee is so acting unless there is evidence to
the contrary. But in Scottish cases the trustee must formally
record his acceptance of office (see
PSI1.3.24).
