(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)
If the factors cannot be accepted under
PSI8.2.41, check whether the scheme
gives post-retirement increases on one of the bases in
PSI7.1.4. If post-retirement
increases are not given tell the practitioner that the factors
appear to be excessive and ask them to explain the interest and
mortality assumptions used.
