PSIPart21 - Centralised Schemes


(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)

Contents

Section 1 – General

Section 2 - Associated Employers

Section 3 - Non-Associated Employers

click here to return to ContentsSection 1 – General

PSI21.1.1-2Introduction
PSI21.1.3General conditions for approval
PSI21.1.4Establishment of scheme
PSI21.1.5Accessions
PSI21.1.16-17Employer with no employees
PSI21.1.18Surplus on winding-up
PSI21.1.19Continued rights

click here to return to ContentsSection 2 - Associated Employers

PSI21.2.1Introduction
PSI21.2.2Associated employers
PSI21.2.3Associated by community of interest
PSI21.2.4Accessions
PSI21.2.5-6Withdrawals and temporary participation
PSI21.2.7Benefits
PSI21.2.13Funding
PSI21.2.14Employer contributions
PSI21.2.17Overseas aspects
PSI21.2.18-20Centralised individual arrangements
PSI21.2.25Service or management companies
PSI21.2.26Joint enterprises

click here to return to ContentsSection 3 - Non-Associated Employers

PSI21.3.1-6General
PSI21.3.7Main requirements
PSI21.3.10-11Scheme administration


Limits on benefits
PSI21.3.21- pensions
PSI21.3.22- lump sums
PSI21.3.23Scheme rules
PSI21.3.24- augmentation of basic benefits
PSI21.3.25- undertaking required
PSI21.3.29Death in service benefits


Funding
PSI21.3.30- money purchase
PSI21.3.31-32- controlled funding
PSI21.3.33- small self-administered schemes
PSI21AppendixA- Centralised Schemes: