PSI21.3.1 - Centralised Schemes: Non-Associated Employers - General

(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)

(This text has been withheld because of exemptions in the Freedom of Information Act 2000)

[PN21.10]

Most centralised schemes are for employees of associated companies but centralised schemes can also be set up for non-associated employers. There are two main types:

1. for employers in a particular industry, and
2. for employers who are unrelated by trade or profession.

Some industry schemes are local or regional: others are national. They are normally sponsored by a professional/trade association or trade union. Schemes which require no relationship between the participating employers are usually promoted by a Life Office or broker.