(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)
The effective date of the next valuation of an approved
scheme must not be more than 3 years and 6 months from the date on
which the scheme was established and, in general, the interval
between the effective dates of subsequent valuations must not be
more than this.
Public Sector schemes which fulfil the conditions of section
66(1) of the Social Security Pensions Act 1975 may extend the
interval between effective dates to not more than 5 years.
Administrators of LSAS have two years from the effective date
in which to submit the AVR to us.
