(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)
[PN13.4]
Regulation 3 applies the review provisions to all
self-administered schemes with 12 or more members (except
Simplified Defined Contribution Schemes) and insured schemes which
submit regular AVRs because the policies do not ensure that future
contributions will take account of any surplus arising, except
those which provide only for lump sum benefits for members on death
before normal retirement date.
