PSI21.3.2 - 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)

Both types of scheme are generally aimed at small employers who might otherwise be reluctant to set up their own separate schemes because of cost. The amount of documentation required of each employer who joins is much reduced compared with setting up a separate scheme. So too are the ongoing administration costs. These claimed economies are often the schemes’ main selling point.

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