(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)
Section 590(7) to (10) describe which occupational
pension schemes of an employer must be taken into account in
determining whether a scheme satisfies, or continues to satisfy,
the prescribed conditions for approval. The consequences which
follow where the scheme does, or does not satisfy the conditions
are also explained. The effect of these provisions is to allow
top-up schemes (see
PSI1.2.3) to be established
without prejudicing approval of existing schemes.
