(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)
[PN11.4]
A refund of the member's own contributions may be made
only if they were paid towards the cost of
retirement benefits which will not now be paid. A refund is
justified because death will have frustrated that purpose. A refund
of contributions in this situation is not chargeable to tax under
section 598, ICTA 88 because it is not made during the employee's
lifetime.
