PSI16.1.5 - Discontinuance of Schemes: General - Notification of Discontinuance

(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)

[PN14.3]

Generally, we expect to be notified of a scheme's discontinuance in routine cases after the event. However, we require to be informed at an earlier stage in any of the following circumstances:-

1. if the scheme is not yet approved (see PSI22.3.52-58)
2. if it is proposed to treat the scheme as abandoned (see PSI19.1.20and PSI22.3.56-57);
3. if it is proposed to refund monies to the employer (see PSI16.2.20-21 and PSI20.9.12-24);
4. if a block transfer is to be made (see PSI14.1.15-17).