RPSM04104690 - Technical Pages: Taxation: Unauthorised payments: Unauthorised payments surcharge: Valuing uncrystallised rights - other money purchase arrangements

Valuing uncrystallised member rights in an other money purchase arrangement

For money purchase arrangements which are not cash balance arrangements, the value of the member's uncrystallised rights on the valuation date is the total of

• the value of the cash held under the arrangement, and
• the market value of the other assets held by the arrangement to provide the individual’s benefits.

Any loans or other indebtedness should be included in the calculation.