RPSM02401040 - Employer pages: Registering a pension scheme with HMRC: setting up a pension scheme: What are the conditions for registration?

What are the conditions for registration?

If the intention is to register the pension scheme with HMRC and benefit from the tax advantages, there are certain conditions in addition to the establishment conditions on page RPSM02401020.

Scheme administrator

The documentation of your pension scheme must provide for the appointment of a scheme administrator.

The role of the scheme administrator is set out on page RPSM02402030.

The scheme administrator must be resident in one of the countries listed on page RPSM02402020.

More than one person can be the scheme administrator. If so, all persons who are the scheme administrator have joint liability for any responsibilities of the scheme administrator under tax legislation.

Place scheme established

There are no restrictions on where a scheme may be established, providing the scheme administrator residence requirement mentioned above is met.