(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)
If a SSAS is converting to Chapter IV, it should make clear in its new rules that it is a self-invested personal pension scheme (SIPP), if it wishes to enter into investment transactions within the business, as permitted under the Personal Pension Schemes (Restriction on Discretion to Approve)(Permitted Investmemts) Regulations 2001/117.
