If a
registered pension scheme transacts with a
connected party such as a member or employer other than at a
commercial rate this will result in an
unauthorised payments charge being incurred.
There are various ways in which value could pass from a
scheme to an employer without any actual “payment”
being made and these are covered in more detail at
RPSM07106010.
| Glossary ( RPSM20000000) |
