(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)
Schemes or arrangements set up with the intention of meeting
all the requirements for mandatory approval under section 590 ICTA
1988 (see
PSI2.3.7) must be funded by
reference to current remuneration. If the Life Office or
practitioner objects strongly to this, refer the case to your
Divisional Manager. The examination of schemes or arrangements
seeking mandatory approval is dealt with by Technical Support
Section (SSAS).
