(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)
Prior to the Finance (No2) Act 1987 the Revenue permitted
greater benefits including lump sum benefits based on an employees
"previous expectations" under the scheme of the previous employer.
This practice has been discontinued (see
PSI6.5.86).
