| [section 169 (1)(a)] |
A transfer of a member's pension rights from a registered pension scheme to another registered pension scheme is a recognised transfer, (see RPSM14101010).
Although a transfer may be a recognised transfer for tax purposes, if there are contracted-out rights involved, Department for Work and Pensions (DWP) legislation provides that the transfer can only go ahead if the receiving scheme is eligible to hold those rights.
| Glossary ( RPSM20000000) |
