RPSM07300110 - Scheme Administrator Pages: Investments: What is value shifting?

What is value shifting?

If a registered pension scheme transacts with a connected party such as any member or employer other than at the commercial rate this will result in an unauthorised payment charge being incurred.

It is possible to pass value from a scheme without actually making any payments as such. There are various ways in which this can happen and these are covered in more detail at RPSM07106010 onwards.