PSI20.3.1 - Funding and Surpluses: Insured Schemes - General - Introduction

(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)

Insured schemes make up the bulk of our cases. They range from simple individual arrangements (see PSI1.1.16), through earmarked schemes (see PSI1.1.18) usually catering for a small number of members, to common trust funds(see PSI1.1.19) with large numbers of members which can be every bit as complex as self-administered schemes.