(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)
(This text has been withheld because of exemptions in the
Freedom of Information Act 2000)
Any proposal to adopt arrangements to provide flexible NRDs
other than as described in the earlier paragraphs of this Section
should be considered critically. A variable NRD geared to the
completion of a particular length of service, for example, is not
acceptable because it could, depending upon the length of service
required and the benefit accrual rate, give a full 2/3rds benefit
before age 50. Submit any such proposal to the Section Manager.
