It is permitted for the employer/member’s business to
enter into most transactions, for example purchasing or selling an
asset to or from the pension scheme. Any such transaction must be
done on an arms-length commercial basis.
Where a transaction takes place between an employer and the
pension scheme, which is not on an arms-length basis, the employer
will be liable to an unauthorised payments charge.
There are restrictions on certain transactions, which are
covered in the following pages.
| Glossary ( RPSM20000000) |
