(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)
There is generally not the same need for a lump sum payment
when a member dies in retirement as when death occurs in service.
By retirement age most people have reduced financial commitments
and their main need is the security of a continuing income
throughout old age.
