PSI18.1.24 - Application for Approval and
Information Provisions: Application for Approval - Information to
Employees
(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)
The essential features of the scheme can be regarded as:
- the formula which will determine the
pension promised or targeted at NRD,
- a description of the death in service
benefits, and
- the amount of the employee's contribution
required.