RPSM12301190 – Scheme Administrator Pages: Information Requirements and Administration: Information the scheme administrator is required to provide to HMRC: The Event Report: Event number 17 - Lump sum payment after the death of a member aged 75 or over

Event number 17 - Lump sum payment after the death of a member aged 75 or over

[Reg. 3 The Registered Pension Schemes (Provision of Information) Regulations 2006 - SI 2006/567] [Article 8 The Taxation of Pension Schemes (Transitional Provisions) Order 2006 - SI 2006/572] [Para 21A Sch 29]

Reportable event

A lump sum payment is made in respect of a member after the member has died aged 75 or over.

However, a report is not necessary where the payment of the lump sum would not have prejudiced the approval of the scheme for the purposes of Chapter 1 of Part 14 of the Income and Corporation Taxes Act if it had been made on 5 April 2006.

Information required

The required information is

• the name of the deceased member
• their date of birth
• their last known address
• their National Insurance number (if known)
• the name of the person to whom the lump sum payment was made
• that person's address
• the amount of the payment
• the date of the payment, and
• the nature of the payment.

Exception

Information is not required under Event 17 if the same payment is being, or has been, reported under Event 1 (unauthorised payment) - see page RPSM12301030.