Below are details of the amendments that were published on 30
August 2006 (see the
update index for all updates)
| Section |
Title and details of update
|
RPSM03
|
Protecting pension rights from tax charges
|
RPSM03100080
to RPSM03100100 | New pages
– to give overview of forms of protection other than enhanced
or primary protection. |
| RPSM03105000
to RPSM0310630 | New sub
section giving details on the process individuals should follow
when notifying HMRC of their right to protection. |
|
RPSM03101085 | New page on
the valuation of insurance policies |
|
RPSM03101091 | New page on
the classification of certain RAC contracts sold in 1970s |
|
RPSM03101531 | New page
showing maximum permitted pension – previously part of
RPSM03101530 |
|
RPSM03101532 | New page
showing the change to maximum permitted pension under FA 2006 |
|
RPSM03101551 | New page
showing PN print 1 October 1974 |
|
RPSM03102040 | New page to
show the effect of a pension debit on the rights protected by
primary protection |
| RPSM03102050
to RPSM03102060 | New pages for
Articles 9 to 11 SI 2006/572 |
|
RPSM03103030 | New page
showing the effect of pension debits for an individual with
enhanced protection |
|
RPSM03104001 | New index
page |
|
RPSM03104032 | New page on
how excess rights can be surrendered before an individual notifies
their right to enhanced protection |
|
RPSM03104061 | New page
covering what happens when an individual with enhanced protection
receives a pension credit |
|
RPSM03104065 | New index
page |
|
RPSM03104092 | New page
giving examples of transfers that are not permitted transfers |
|
RPSM03104095 | New page on
how setting up a new arrangement causes loss of enhanced
protection |
|
RPSM03104097 | New page on
impermissible transfers – was previously RPSM03104091 |
|
RPSM03104500 | New index
page |
|
RPSM03104505 | New page
giving an introduction to relevant benefit accrual |
|
RPSM03104511 | New page on
how compensation payments affect enhanced protection |
|
RPSM03104515 | New page
explaining how relevant benefit accrual for hybrid arrangements
works |
| RPSM03104521
to RPSM03104525 | New pages
providing further guidance on how the relevant benefit accrual test
for defined benefits or cash balance arrangements works |
| RPSM03104531
to RPSM03104532 | New pages on
how the earnings recalculation version of the appropriate limit
works. |
|
RPSM03105001 | New index
page |
|
RPSM03105030 | New index
page |
|
RPSM03105111 | New page with
a new example of how to value lump sum rights |
|
RPSM03105135 | New index
page |
|
RPSM03105139 | New page to
make it clear what form of lump sum protection the sub-section of
the guidance covers |
|
RPSM03105145 | New page on
notification of lump sum rights with primary protection – was
previously RPSM03105030 |
|
RPSM03105155 | New page for
Article 25 SI 2006/572 and primary protection |
|
RPSM03105156 | New page -
example of a stand-alone lump sum paid under primary
protection |
| RPSM03105181
to RPSM03105182 | New pages for
unauthorised lump sum payments with primary protection |
|
RPSM03105185 | New index
page |
|
RPSM03105189 | New page to
make it clear what form of lump sum protection the sub-section of
the guidance covers |
|
RPSM03105201 | New page on
how the notification of lump sum rights with enhanced protection
works (was previously part of RPSM03105200) |
|
RPSM03105202 | New page for
Article 25 SI 2006/572 and enhanced protection |
|
RPSM03105211 | New page with
a new example of how to pay lump sums of more than £375,000
with enhanced protection |
|
RPSM03105500 | New index
page |
|
RPSM03105515 | New page on
general overview of issues with protection of lump sums of more
than 25% |
|
RPSM03105521 | New page for
SI 2006/498 and further guidance on what is a block transfer |
|
RPSM03105522 | New page
outlining the problem with putting more than one set of protected
lump sums of more than 25% in the same scheme for the same
member |
|
RPSM03105529 | New page
outlining the 3 step valuation process for lump sums of more than
25% |
| RPSM03105561
to RPSM03105562 | New pages
with new examples of how to value lump sum rights of more than 25%
where the lump sum is more than HMRC limits |
|
RPSM03105595 | New page
showing the legal definitions of how to pay lump sums of more than
25% where there has been relevant benefit accrual |
|
RPSM03105612 | New page with
an example of how to pay lump sums of more than 25% where there has
been relevant benefit accrual in a DB arrangement |
|
RPSM03105630 | New page for
where the amount of the protected lump sum is less than 25% |
| RPSM03105640
to RPSM03105642 | New pages for
stand-alone lump sums |
| RPSM03105650
to RPSM03105660 | New pages
showing the effect of a partial transfer on protection of lump sums
of more than 25% |
|
RPSM03106025 | New page
clarifying what is meant by an unqualified right to take
benefits |
|
RPSM03106035 | New page for
SI 2005/3451 |
| RPSM03106062
to RPSM03106065 | New pages
covering the changes to the protection of low pension ages as per
FA 2006 |
|
RPSM03106072 | New page
showing the provisions of Articles 13 to 16 of SI 2006/573 |
| RPSM03106090
to RPSM03106100 | New pages
with examples of how the reduction of the lifetime allowance for an
individuals with a low protected pension age works |
| RPSM03106110
to RPSM03106130 | New pages
showing the provisions of Articles 2 to 12 of SI 2006/573 |
|
RPSM03108015 | New page
making it clear that individuals claiming primary protection cannot
make a separate claim for pension credits |
| RPSM03109022
to RPSM03109026 | New pages
covering the changes to the protection of death benefits as per the
FA 2006 |
| RPSM03109040
to RPSM03109120 | New pages
covering the changes to the protection of death benefits as per the
FA 2006 |
|
RPSM03110250 | New page
showing new PN 16.55a announced with Update 159 |
| RPSM03111000
to RPSM03111040 | New
subsection covering pipeline lump sum payments under Articles 38 to
41 of SI 2006/572 |
|
RPSM03200060 | New Page - to
cover the situation where all benefits are in payment pre A
Day |
|
RPSM03201021 | New Page - to
show when the level of primary protection may change |
|
RPSM03201031 | New Page - on
relevant benefit accrual |
|
RPSM03201032 | New Page - on
what happens if enhanced protection lost or given up |
|
RPSM03201041 | New Page - to
cover protection of lump sums over £375K with primary
protection |
|
RPSM03201042 | New Page - to
cover protection of lump sums over £375K with enhanced
protection |
|
RPSM03201061 | New Page -
amount of lump sum allowed under scheme specific lump sum
protection |
|
RPSM03201081 | New Page - on
conditions for protection of low pension age |
|
RPSM03201082 | New Page - on
employment condition for protected age less than 50 |
|
RPSM03201083 | New Page - on
employment condition for protected age 50 - 54 |
|
RPSM03202051 | New Page -
what happens if late notification made |
|
RPSM03202061 | New Page - to
show what happens when you apply for both primary and enhanced
protection |
|
RPSM03202062 | New Page -
how to let the scheme administrator see a copy of the individual's
certificate |
|
RPSM03202063 | New Page -
what happens if HMRC won't issue a certificate |
|
RPSM03203040 | New Page - on
what happens if you have a pension debit |
|
RPSM03203050 | New Page - on
amending you notification if you find the info given to HMRC was
incorrect |
|
RPSM03300050 | New Page - on
how will a scheme administrator know if the member has
protection |
|
RPSM03301005 | New Page -
what benefits are classed as crystallised |
|
RPSM03301027 | New Page -
what benefits are classed as uncrystallised |
|
RPSM03301028 | New Page - on
4 arrangement types |
|
RPSM03301031 | New Page -
example on valuing DB rights |
|
RPSM03301041 | New Page - on
valuing insurance policies |
|
RPSM03301080 | New Page -
maximum permitted pension for approved schemes and post 13/3/89
statutory schemes |
|
RPSM03301090 | New Page -
maximum permitted pension for pre 14/3/89 statutory schemes |
|
RPSM03301100 | New Page -
the maximum permitted pension and preservation |
|
RPSM03301110 | New Page -
what should a scheme administrator do if they have given an
incorrect valuation |
|
RPSM03302005 | New Page on
the different types of lump sum protection |
| RPSM03302060
to RPSM03302080 | New pages of
the maximum permitted lump sum |
|
RPSM03302090 | New Page -
when retained benefits should be included in the maximum permitted
lump sum calculation |
| RPSM03302100
to RPSM03302120 | New pages
with examples of lump sum valuations |
| RPSM03302130
to RSPM03302160 | New pages on
valuing lump sum for scheme specific lump sum protection |
|
RPSM03303021 | New Page -
what happens if the member has not yet got their protection
certificate |
|
RPSM03303022 | New page -
what happens if a scheme administrator realises there will be
relevant benefit accrual |
|
RPSM03303060 | New Page - on
information needed for and how to pay lump sums under protection of
lump sums of more than £375K with enhanced protection |
|
RPSM03303061 | New Page -
for stand-alone lump sum paid where the member has lump sums over
£375K with enhanced protection |
|
RPSM03303070 | New Page - on
information that needs to be sent to HMRC after paying
benefits |
|
RPSM03303080 | New Page - on
information that needs to be sent to the member after paying
benefits |
|
RPSM03303090 | New Page - on
what the scheme administrator can do if they have provided
incorrect information |
|
RPSM03303100 | New page - on
what records should be kept |
|
RPSM03304061 | New Page -
for stand-alone lump sum paid where the member has scheme specific
lump sum protection |
|
RPSM03304130 | New Page - on
what the scheme administrator can do if they have provided
incorrect information |
|
RPSM03305011 | New Page - on
information needed before benefits crystallise |
|
RPSM03305031 | New Page -
what happens if the member has not yet got their protection
certificate |
|
RPSM03305051 | New Page - to
make clear that there are 3 options that may apply to lump sum
payments for an individual with primary protection |
|
RPSM03305052 | New Page - on
how protection of lump sums over £375K with primary protection
works |
|
RPSM03305053 | New Page - on
the information needed to pay lump sums using protection of lump
sums over £375K with primary protection |
|
RPSM03305054 | New Page -
when a PCLS or stand-alone lump sum are not entirely tax free |
|
RPSM03305070 | New Page - on
information that needs to be sent to the member after paying
benefits |
|
RPSM03305080 | New Page -
how the administrator should account for and pay any LTA charge
due |
|
RPSM03305090 | New Page - on
what the scheme administrator can do if they have provided
incorrect information |
|
RPSM03305100 | New page - on
what records should be kept |
|
RPSM03307011 | New Page -
information to be provided when paying death benefits |
| RPSM03307021
to RPSM03307024 | New pages
with extra details on paying benefits using an enhanced lifetime
allowance due to pre 6/4/06 pension credit rights |
| RPSM03307031
to RPSM03307039 | New pages
with extra details on protected pension ages |
|
RPSM03307050 | New page on
payment of a lump sum death benefit in respect of the death of a
member before 6/4/06 |
|
RPSM03307060 | New page on
payment of a lump sum death benefit in respect of the death of a
dependant of a member before 6/4/06 |
| RPSM04 | Taxation |
|
RPSM04102021 | New pages on
authorised surplus payments |
|
RPSM04102022 | New pages on
authorised surplus payments |
|
RPSM04102023 | New pages on
authorised surplus payments |
|
RPSM04102024 | New pages on
authorised surplus payments |
|
RPSM04102025 | New pages on
authorised surplus payments |
|
RPSM04102026 | New pages on
authorised surplus payments |
|
RPSM04102027 | New pages on
authorised surplus payments |
|
RPSM04104900 | New contents
page in respect of recycling guidance |
|
RPSM04104910 | New page:
Overview of recycling |
|
RPSM04104920 | New page:
Establishing when the recycling rule applies |
|
RPSM04104925 | New page:
Establishing when the recycling rule applies (continued) |
|
RPSM04104930 | New page:
Pre-planning |
|
RPSM04104940 | New page:
Significant increase in contributions |
|
RPSM04104950 | New page:
Cumulative basis |
|
RPSM04104960 | New page:
Deemed unauthorised payment |
|
RPSM04104970 | New page:
Taxation of deemed unauthorised payment |
|
RPSM04104980 | New page:
Examples to illustrate when the recycling rule applies. |
|
RPSM04104990 | New page:
Examples to illustrate when the recycling rule does not apply. |
|
RPSM04104995 | New page to
cover international aspects of Q3 and Q5 in part 15 of the draft
recycling guidance |
RPSM05
|
Contributions and tax relief
|
|
RPSM05101045 | New page: In
specie contributions |
|
RPSM05102035 | New page:
Employer contributions made in-specie |
| RPSM07 | Investments |
|
RPSM07109000 | New chapter
on taxable property |
|
RPSM07200200 | New page |
|
RPSM07300170 | New page |
| RPSM09 | Member benefits |
|
RPSM09100171 | New page
-Information about assignment of death benefits |
|
RPSM09100172 | New page
covering surrender of benefits/rights - removed from
RPSM09100170 |
|
RPSM09100173 | New page
covering deemed unauthorised member payments |
|
RPSM09100174 | New page
covering deemed unauthorised member payments |
|
RPSM09100175 | New page
covering deemed unauthorised member payments |
| RPSM10 | Death benefits |
|
RPSM10104210 | New page |
| RPSM11 | Lifetime allowance |
|
RPSM11104670 | New page
added to explain procedure if member reaches age 75 but cannot be
contacted |
|
RPSM11300055 | new page
added explaining how the lifetime allowance charge should be
reported |
|
RPSM11300100 | New page
added to explain what happens if a member reaches age 75 and cannot
be contacted |
| RPSM12 | Information requirements and Administration |
|
RPSM12200032 | New page to
cover Regulation 11B of the Registered Pension Schemes (Provision
of Information) Regulations 2006 (as amended by SI 2006/1961) |
|
RPSM12200035 | New page to
inform members of reporting requirements in respect of recycling
and associated penalty provisions. |
|
RPSM12301105 | New page -
Event 8A as introduced by The Registered Pension Schemes (Provision
of Information) (Amendment) Regulations 2006 (SI 2006/1961) |
|
RPSM12301125 | New page -
Event 10 as described in The Registered Pension Schemes (Provision
of Information) (Amendment) Regulations 2006 (SI 2006/1961) |
|
RPSM12301135 | New page -
Event 11 as amended by The Registered Pension Schemes (Provision of
Information) (Amendment) Regulations 2006 (SI 2006/1961) |
|
RPSM12301155 | New page -
Event 13 as amended by The Registered Pension Schemes (Provision of
Information) (Amendment) Regulations 2006 (SI 2006/1961) |
|
RPSM12301200 | New page -
Event 18 as introduced by The Registered Pension Schemes (Provision
of Information) (Amendment) Regulations 2006 (SI 2006/1961) |
|
RPSM12301210 | New page -
Event 19 as introduced by The Registered Pension Schemes (Provision
of Information) (Amendment) Regulations 2006 (SI 2006/1961) |
|
RPSM12301220 | New page -
Event 20 as introduced by The Registered Pension Schemes (Provision
of Information) (Amendment) Regulations 2006 (SI 2006/1961) |
|
RPSM12301290 | New page
covering the meaning of 'connected with' (section 839 ICTA
1988) |
|
RPSM12303040 | New page to
show the provisions of regulation 7 of the Registered Pension
Schemes (Provision of Information) Regulation 2006 (SI
2006/567) |
|
RPSM12306002 | New page to
show the provisions of regulation 17 of the Registered Pension
Schemes (Provision of Information) Regulations 2006 (SI
2006/567) |
|
RPSM12306004 | New page to
show the provisions of regulation 17 of the Registered Pension
Schemes (Provision of Information) Regulations 2006 (SI
2006/567) |
|
RPSM12306030 | New page to
show the provisions of regulation 7 of the Registered Pension
Schemes (Provision of Information) Regulations 2006 (SI
2006/567) |
|
RPSM12309000 | New
subsection covering 'Information the member is required to provide
to the scheme administrator' |
|
RPSM12309010 | New page -
regulation 11B of the Registered Pension Schemes (Provision of
Information) Regulations 2006 (SI 2006/567, as amended by SI
2006/1961) |
|
RPSM12309020 | New page -
regulation 11A of the Registered Pension Schemes (Provision of
Information) Regulations 2006 (SI 2006/567, as amended by SI
2006/1961) |
|
RPSM12309030 | New page -
regulation 11 of the Registered Pension Schemes (Provision of
Information) Regulations 2006 (SI 2006/567) |
| RPSM13 | International |
|
RPSM13101042 | New page
inserted- Example of application of residence condition for being a
relevant member |
|
RPSM13101045 | New page as a
result of the Registered Pension Schemes (Extension of Migrant
Member Relief) Draft Regulations |
|
RPSM13102180 | New page as a
result of the Pension Schemes (Applications of UK Provisions to
Relevant Non UK Schemes) (Amendment) Draft Regulations |
|
RPSM13102184 | New page as a
result of the Pension Schemes (Applications of UK Provisions to
Relevant Non UK Schemes) (Amendment) Draft Regulations |
|
RPSM13102187 | New page as a
result of the Pension Schemes (Applications of UK Provisions to
Relevant Non UK Schemes) (Amendment) Draft Regulations |
|
RPSM13102188 | New page as a
result of the Pension Schemes (Applications of UK Provisions to
Relevant Non UK Schemes) (Amendment) Draft Regulations |
|
RPSM13102195 | New page as a
result of the Pension Schemes (Applications of UK Provisions to
Relevant Non UK Schemes) (Amendment) Draft Regulations |
|
RPSM13102205 | New page as a
result of the Pension Schemes (Applications of UK Provisions to
Relevant Non UK Schemes) (Amendment) Draft Regulations |
|
RPSM13102207 | New page re:
lump sum paid from a relevant non Uk scheme |
|
RPSM13102208 | new page re;
determining if any unauthorised payment charges arises where lump
sum paid. |
| RPSM14 | Transfers |
|
RPSM14101100 | New page
consequential to the Registered Pension Schemes (Authorised
payments) (Transfers to the PPF) Regulations 2006 (SI
2006/134) |
|
RPSM14106055 | New page
added - "Transfers of pensions in payment" |
|
RPSM14106060 | Additional
page re: transfer of crystallised rights to a QROPS. |
|
RPSM14107015 | New page
added to explain that a retirement annuity contract can only accept
a transfer from another retirement annuity contract |
|
RPSM14107060 | New page as a
result of the Registered Pension Schemes (Provision of Information)
Regulations 2006 (SI 2006/567) - information requirements on
transfer |
| Section |
Title and details of update
|
RPSM01
|
About this manual
|
|
RPSM01000090 | Wording
changed at request of DWP |
RPSM02
|
Registering a pension scheme with HMRC
|
|
RPSM02101010 | Confirming
that the registration date set by HMRC will not be
retrospective |
|
RPSM02101020 | Specifically
stating that the registration date set by HMRC will not be
retrospective |
|
RPSM02102010 | Further
details given about the proposed changes on who can establish a
registered pension scheme |
|
RPSM02105040 | Text amended
to reflect provisions of the Registered Pension Schemes and
Overseas Pension Schemes (Electronic Communication of Returns and
Information) Regulations 2006 (SI 2006/570). |
|
RPSM02201020 | Further
details given about the proposed changes on who can establish a
registered pension scheme |
|
RPSM02202010 | Hyperlink
revised |
|
RPSM02300060 | Further
details given about the proposed changes on who can establish a
registered pension scheme |
|
RPSM02300090 | Hyperlink
removed |
|
RPSM02302050 | Text amended
to reflect provisions of the Registered Pension Schemes (Provision
of Information) Regulations 2006 (SI 2006/567). Extra comma
deleted |
|
RPSM02303020 | Position
regarding NI contributions and non-registered pension schemes
amended and cross reference to NI Manual provided. |
|
RPSM02306030 | Further
details given about the proposed changes on who can establish a
registered pension scheme |
|
RPSM02306050 | Confirming
that the registration date set by HMRC will not be
retrospective |
|
RPSM02306080 | One hyperlink
removed, one revised, SA process for tax refund to scheme mentioned
here rather on linked page. Confirming that the registration date
set by HMRC will not be retrospective |
|
RPSM02306130 | Hyperlink
amended |
|
RPSM02307040 | Inadvertent
reference to "unauthorised practitioner" in third, fifth and
seventh bullets corrected to "an authorised practitioner" |
|
RPSM02400050 | Hyperlink
included |
|
RPSM02401020 | Further
details given about the proposed changes on who can establish a
registered pension scheme |
RPSM03
|
Protecting pension rights from tax charges
|
|
RPSM03100000 | Links to new
pages inserted in contents list |
|
RPSM03100010 | Links to new
pages inserted in contents list |
|
RPSM03100040 | legislative
reference added, addition to show individuals can give up enhanced
protection & new cross reference inserted |
|
RPSM03100050 | legislative
reference added, new cross reference inserted |
|
RPSM03101000 | Links to new
pages inserted in contents list |
|
RPSM03101010 | legislative
reference added, insertion to clarify that a SSAS pension in
payment under annuity purchase deferral rules is a crystallised
right |
|
RPSM03101020 | Legislative
reference added, clarification of what is meant by annual
rate. |
|
RPSM03101030 | legislative
reference added, clarification that rights under a scheme treated
by HMRC as if it were a statutory scheme may be protected |
|
RPSM03101040 | legislative
reference added, clarification that the page also covers income
drawdown form personal pension schemes |
|
RPSM03101050 | legislative
reference added, clarification of how the entitlement to
uncrystallised rights under a retirement benefits scheme or
deferred annuity contract should be calculated when retained
benefits can be ignored |
|
RPSM03101060 | legislative
reference added, clarification that rights under a scheme treated
by HMRC as if it were a statutory scheme may be protected |
|
RPSM03101070 | legislative
reference added |
|
RPSM03101080 | legislative
reference added, clarification on the assumption on age that needs
to be made when calculating an individual's entitlement under a
cash balance arrangement |
|
RPSM03101090 | legislative
reference added, clarification on the assumption on age that needs
to be made when calculating an individual's entitlement under a DB
arrangement |
|
RPSM03101100 | legislative
reference added |
|
RPSM03101510 | legislative
reference added |
|
RPSM03101520 | legislative
reference added, clarification to show that rights under a scheme
treated by HMRC as if it were a statutory scheme count towards
MPP |
|
RPSM03101530 | Page title
amended, legislative reference added, deletion of second half of
the page relating to what is MPP. Insertion of links to 2 new pages
RPSM03101531 and RPSM03101532 containing the revised definitions of
MPP |
|
RPSM03101540 | Page title
amended |
|
RPSM03101550 | Page title
amended, deletion of text of PN first edition (this has been moved
to RPSM03101551) and insertion of links to pages containing PN
extracts |
|
RPSM03101560 | Revised title
showing PN publication date. Correction to PN text and which
schemes it applies to |
|
RPSM03101570 | Revised title
showing PN publication date. Correction to PN text and which
schemes it applies to |
|
RPSM03101580 | Page title
amended |
|
RPSM03102000 | Links to new
pages inserted in contents list |
|
RPSM03102010 | legislative
reference added, reference to death benefits changed due to FA 2006
change & new hyperlink to new sub section on how to notify HMRC
of protection |
|
RPSM03102020 | legislative
reference added |
|
RPSM03103000 | Link to new
page inserted in contents list |
|
RPSM03103010 | legislative
reference added |
|
RPSM03103020 | legislative
reference added |
|
RPSM03104000 | This section
now split into 3 sub-section and contents list amended
accordingly |
|
RPSM03104020 | legislative
reference added, amendment to make it clear notifications cannot be
made before 6/4/09, hyperlink to new sub-section on
notifications |
|
RPSM03104030 | legislative
reference added, link to new page on surrendering excess benefits
added |
|
RPSM03104040 | legislative
reference added |
|
RPSM03104050 | legislative
reference added |
|
RPSM03104060 | legislative
reference added, amendment to show individuals can give up enhanced
protection |
|
RPSM03104070 | legislative
reference added, amendment to show individuals can give up enhanced
protection |
|
RPSM03104080 | legislative
reference added, clarification to show there are 2 different
relevant benefit accrual test and the type used depends on the type
of arrangement |
|
RPSM03104090 | Legal
references added, addition for Article 35 SI 2006/572, amendment of
error in para 1 (all assets in a scheme - not arrangement- must
xfer) & clarification of requirements for xfering to a DB or CB
arrangement, a transfer to more than one money purchase scheme can
be a permitted transfer if transfers take place at the same time
& clarification that someone with enhanced protection will not
lose this due to a reduction in pension rights following pension
sharing |
|
RPSM03104100 | legislative
ref added, clarification on what happens to any lump sums
protection on loss of enhanced protection |
|
RPSM03104120 | legislative
ref added, amendment to show individuals can give up enhanced
protection |
|
RPSM03104510 | Legislative
ref added, clarification on what payments to an other money
purchase arrangement will not cause loss of protection and what
will happen on the payment of a relevant consolidation
contribution, amendment to advice of how compensation payment
affect enhanced protection |
|
RPSM03104520 | Legislative
ref added, amendment made so page gives a more detailed general
overview of how relevant benefit accrual in a DB or cash balance
arrangement works |
|
RPSM03104530 | legislative
refs added, clarification of what date is used for calculating the
earnings re-calculation value of the appropriate limit |
|
RPSM03104540 | Flowchart
replaced by text on when the post commencement earnings limit is
used, with legal refs added |
|
RPSM03104550 | Flowchart
replaced with text describing the post commencement earnings limit
for 1989 members, with legal refs added |
|
RPSM03104560 | Flowchart
replaced with text describing the post commencement earnings limit
for pre 1989/uncapped members, with legal refs added |
|
RPSM03104570 | Flowchart -
changed to a flowchart that shows when relevant benefit accrual
occurs |
|
RPSM03104580 | Flowchart -
changed to a flowchart that shows what earnings should be used for
the earnings recalculation test |
|
RPSM03104590 | Reference to
SI 2006/130 inserted |
|
RPSM03104600 | Reference to
SI 2006/130 inserted |
|
RPSM03105000 | This section
has been split into 5 subsections to make identification of the
different forms of lump sum protection easier. The contents page
has been update to reflect this |
|
RPSM03105010 | Amendment to
clarify what type of lump sum protection there are and links to the
relevant pages |
|
RPSM03105020 | Page
references in the flowchart amended |
|
RPSM03105030 | Has become an
index page. Previous text now on RPSM03105145 |
|
RPSM03105040 | Legislative
ref added |
|
RPSM03105050 | Legislative
ref added, addition to make clear that valuing crystallised lump
sums is only relevant when trying to establish if total lump sums
are more than £375,000 |
|
RPSM03105060 | Legislative
ref added, addition to make clear the value from an uncrystallised
RAC is 25% regardless of what the previous right was &
clarification of how the entitlement to uncrystallised lump sum
rights under a retirement benefits scheme or deferred annuity
contract should be calculated |
|
RPSM03105070 | Legislative
ref added, Addition for Article 28 SI 2006/572 & to make clear
that funds that could not provide LS pre 6/4/06 e.g. protected
rights and post 7/4/87 AVCs and funds that were not in the scheme
cannot be included in the calculation of LS entitlement a/a 5/4/06.
Clarification on the assumption on age that needs to be made when
calculating an individual's entitlement to uncrystallised lump sum
rights under a DB or cash balance arrangement & how the
entitlement should be calculated. |
|
RPSM03105080 | Legislative
ref added, clarification that rights under a scheme treated by HMRC
as if it were a statutory scheme may be protected |
|
RPSM03105090 | Legislative
ref added, clarification of when the N/NS a LS formula should
apply |
|
RPSM03105100 | Legislative
ref added |
|
RPSM03105110 | Correction to
example as retained benefits should be taken into account |
|
RPSM03105120 | Correction to
example as retained benefits should be taken into account |
|
RPSM03105130 | Amendment to
the example to change the value of rights in the PP |
|
RPSM03105140 | Legislative
ref added, addition to show that a pension commencement lump sum
can be paid with primary protection that is partially taxable |
|
RPSM03105160 | Page title
and example changed slightly to reflect the terms on SI 2006/2004
and stand-alone lump sums |
|
RPSM03105170 | Amendment to
example to clarify the principle being explained |
|
RPSM03105180 | Clarification
to show what type of lump sum the taxable lump sum actually is |
|
RPSM03105190 | Legislative
refs added, amendment to show form number for protection
notification & that e-filing is not yet available |
|
RPSM03105200 | Part of text
moved to become RPSM03105201. Addition to make it clear that lump
sum protection works on a use it or lose it basis. Also individual
does not need to have available lifetime allowance. Addition for
stand-alone lump sums. |
|
RPSM03105210 | Amendment to
make it clear that individual can not fall back to normal 25% lump
sum rules |
|
RPSM03105220 | Legislative
ref added, clarification to show member is still liable to tax
charges |
|
RPSM03105230 | Example
amended to make it specific to enhanced protection |
|
RPSM03105510 | Legislative
ref added, amendment to make it clear where scheme specific
protection of lump sums of more than 25% does not apply |
|
RPSM03105520 | Legislative
refs added, links to pages on block transfers, partial transfers
and stand alone lump sums inserted |
|
RPSM03105530 | Legislative
refs added, clarification of what rights need to be valued and
how |
|
RPSM03105540 | Headings and
legislative refs added |
|
RPSM03105550 | legislative
refs added, addition of technical formula for how excess rights
should be apportioned |
|
RPSM03105560 | Example is
clarified to show how rights apportioned |
|
RPSM03105570 | Example is
clarified to show how rights apportioned |
|
RPSM03105580 | Legislative
ref added, addition to show special rules for payment of benefits
where there is a 100% lump sum or there has been a partial
transfer |
|
RPSM03105590 | Legislative
ref added |
|
RPSM03105600 | Addition made
to show that rule explained in the example works for all types of
pension benefits being paid to the member under a money purchase
arrangement |
|
RPSM03105610 | Addition made
to show that rule explained in the example works for all types of
pension benefits being paid to the member under a money purchase
arrangement |
|
RPSM03105620 | Amendment of
error (LTA arises under s214 not s215 FA 04) |
|
RPSM03106000 | Links to new
pages inserted in contents list |
|
RPSM03106010 | Legislative
ref added, reference to the need to keep to certain conditions
inserted with links to appropriate pages |
|
RPSM03106020 | legislative
ref added and link to new page on unqualified rights, amendment to
make clear that benefits taken from age 50 before 6/4/2010 will
still be authorised after that date even if the member is not yet
55 |
|
RPSM03106030 | Legislative
refs added, updated for Regulation 3 SI 2005/3451 |
|
RPSM03106040 | Legislative
ref added, age corrected from 55 to 50 |
|
RPSM03106050 | Legislative
refs added, updated for Regulation 2 SI 2005/3451 |
|
RPSM03106060 | Legislative
refs added, page expanded to make clear benefits must all be taken
at the same time. Text relating to re-employment condition moved to
RPSM03106062 |
|
RPSM03106070 | legislative
refs added, guidance on what is a block transfer expanded |
|
RPSM03106080 | Legislative
ref added, clarification of how the number of years reduction of
the LTA is calculated. Example moved to RPSM03106090 |
|
RPSM03107010 | Links to
death benefits pages inserted & further text giving overview of
the new types of lump sum death benefits |
|
RPSM03107020 | Legislative
ref added, correction of when the special lump sum death benefit
charge does not apply |
|
RPSM03108000 | Link to new
page inserted in contents list |
|
RPSM03108010 | Legislative
ref added, clarification that only the only allowable measure of
increase is RPI |
|
RPSM03108020 | Form details
for notifying HMRC updated |
|
RPSM03108030 | Legislative
ref added |
|
RPSM03109000 | Subsection
rewritten to take account of FA 06 changes, contents page amended
to reflect this |
|
RPSM03109010 | Page
rewritten so that it covers benefits that do no trigger an LTA test
and so don’t affect either primary or enhanced
protection |
|
RPSM03109020 | Page
rewritten to cover lump sum death benefits that do affect primary
protection |
|
RPSM03109030 | Page
rewritten – flow chart deleted. Now covers enhanced
protection and death benefits |
|
RPSM03200000 | title added
to page |
|
RPSM03200010 | Links to new
page inserted in contents list; errors in page names corrected |
|
RPSM03200020 | change to
wording so that it reflect the fact that it is now past A Day |
|
RPSM03200030 | Link to page
on scheme specific lump sum protection added |
|
RPSM03200040 | error
corrected (2005/06 changed to 2006/07) |
|
RPSM03200050 | addition to
show that PPs includes stakeholder schemes and SIPPs |
|
RPSM03201000 | Links to new
pages added |
|
RPSM03201020 | Additions to
show primary protection cannot be claimed if rights less than
£1.5 million, pre a Day rights are converted to a factor based
on the standard LTA and protection cannot be given up; example
reworked |
|
RPSM03201030 | Addition of
extra info on enhanced protection - no LTA liability, relevant
benefit accrual, and precedence over primary protection |
|
RPSM03201040 | Change to
clarify the different forms of protection of lump sum over
£375K with enhanced and primary protection |
|
RPSM03201050 | Change -
addition of form reference number - APSS 201 and to show
e-submission not yet available |
|
RPSM03201060 | Change -
clarification of when scheme specific lump sum protection applies
ad extra info - block transfers, all benefits at the same time
& PPs/RACs not covered |
|
RPSM03201070 | Amendment -
to make clear that annuity contracts covered are only those
covering OPS benefits |
|
RPSM03201080 | Change to
show that benefits taken from age 60 before 6/4/10 are still
authorised if the member is not 55 by 6/4/10; extra info - block
transfers & protection lost due to avoidance, link to new page
03201081 |
|
RPSM03201090 | Amendment to
show which death benefits may be liable to the LTA and how primary
protection would work for death benefits |
|
RPSM03201100 | Clarification
of how funding for death benefits will affect enhanced
protection |
|
RPSM03201110 | Amendment to
show which death benefits may be liable to the LTA and how enhanced
protection would work for death benefits |
|
RPSM03202000 | Links to new
pages added |
|
RPSM03202010 | Link to page
on scheme specific lump sum protection added |
|
RPSM03202020 | Addition to
cover who completes the notification if the member is not
capable/dead |
|
RPSM03202030 | Addition to
make clear benefits form unapproved schemes should not be included
in the valuation, links to Technical Pages on valuation, info on
valuing crystallised rights |
|
RPSM03202050 | Addition of
form numbers, address they should be sent to and to show e-filing
not yet available |
|
RPSM03202060 | Amendment -
to show certificate has unique ref No. and that enhanced lifetime
allowance only applies to primary protection |
|
RPSM03202070 | addition on
how HMRC may conduct an enquiry and your appeal rights |
|
RPSM03203000 | Links to new
pages added |
|
RPSM03203010 | Expansion of
info on the ways enhanced protection can be lost |
|
RPSM03203020 | Change to
show enhanced protection can be given up |
|
RPSM03203030 | Change to
show you must tell HMRC when you lose or give up protection |
|
RPSM03300000 | Title added
to page - link to deleted pages removed |
|
RPSM03300010 | Link to new
page added |
|
RPSM03300020 | Change to
show that whilst scheme specific lump sum protection is automatic
schemes do not have to give the max lump sum |
|
RPSM03300030 | Links added
to pages on how to value benefits, what relevant existing pension
are and what relevant pension arrangements are |
|
RPSM03301000 | Links to new
pages added |
|
RPSM03301010 | Reworking of
the example, links to pages on relevant existing pensions and
annual rate of pension added |
|
RPSM03301030 | Clarification
of the assumptions that need to be made in the valuation of DB
rights |
|
RPSM03301040 | Clarification
that loans need to be included in the value of money purchase
rights, link to new page on valuing insurance policies |
|
RPSM03301050 | Clarification
of the assumptions that need to be made in the valuation of cash
balance rights |
|
RPSM03301060 | Example of
what may be a hybrid arrangement added |
|
RPSM03301070 | Addition to
show what scheme types need an HMRC limits test on the benefit
valuation and the assumption that should be made when working out
the scheme entitlement prior to the HMRC limits test |
|
RPSM03302000 | Links to new
pages added |
|
RPSM03302010 | Link to
technical pages on lump sum valuation added, addition on how a lump
sum taken pre A Day but the pension is deferred until after A day
should be included in the valuation |
|
RPSM03302020 | Example
added, links to pages on valuation of crystallised rights
added. |
|
RPSM03302030 | Additions to
the assumptions to be made when valuing the scheme entitlement to a
lump sum, how rights that pre A Day could not provide a lump sum
and how a lump sum taken pre A Day but the pension is deferred
until after A day should be included in the valuation |
|
RPSM03302040 | Addition to
make it clear that the lump sum value set by the legislation may be
different from the pre A Day right |
|
RPSM03302050 | Addition to
show a transfer of non-commutable AVCs would have has a nil
certificate pre A Day |
|
RPSM03303000 | Links to new
pages added |
|
RPSM03303010 | Page
redrafted to make clear that even though LTA charge may not apply
the normal process of identifying and documenting BCEs applies |
|
RPSM03303020 | Addition to
the suggested information the administrator gets from the member
before paying benefits |
|
RPSM03303030 | Addition to
show P60 or P60 substitute can be used, and statement should be
given to member |
|
RPSM03303040 | Addition to
show P60 or P60 substitute can be used, statement should be given
to member, and member on loss of enhanced protection the normal LTA
rules will apply unless the member also has primary protection |
|
RPSM03303050 | Page reworked
to clarify that there are 3 options that may apply to lump sum
payments for an individual with enhanced protection |
|
RPSM03304000 | Title added
to page, links to new pages added |
|
RPSM03304010 | Addition to
make clear the form of lump sum protection does not apply where the
member has lump sums of over £375K with either primary or
enhanced protection |
|
RPSM03304020 | Addition to
clarify what is a block transfer, when a transfer may cause
problems and links to the appropriate pages on block transfers in
the Technical Pages |
|
RPSM03304030 | Addition to
make clear the form of lump sum protection does not apply where the
member has lump sums of over £375K with either primary or
enhanced protection |
|
RPSM03304040 | Addition of
questions the administrator should ask the member to ensure that
scheme specific lump sum protection does actually apply |
|
RPSM03304050 | Wording on
relevant benefit accrual for other money purchase arrangements
reordered, addition for allowable contributions to pre 6/4/06 life
policies as per FA 2006 provisions |
|
RPSM03304060 | Addition for
where the member had the right to a 100% lump sum pre A day |
|
RPSM03304070 | Clarification
to the example to show the whole lump sum is a protected lump sum
but it is made up of 2 elements |
|
RPSM03304080 | Removal of
the reference to the lump sum being tax free - in some
circumstances the LTA charge may apply |
|
RPSM03304090 | Amendment to
show a PCLS cannot be paid if there is not LTA available and what
happens when a PCLS or stand-alone lump sum is paid when the member
has available LTA but not enough to cover the whole lump sum
payment |
|
RPSM03304100 | Amendment to
show when a lump sum of 25% can be paid although the value of the
protected lump sum is less than 25% |
|
RPSM03304110 | Addition of
regulation and SI number to the named regulations |
|
RPSM03304120 | Addition to
the information that needs to be reported due to the payment of a
stand-alone lump sum |
|
RPSM03305000 | Title added
to page, links to new pages added |
|
RPSM03305010 | Change -
there are 9 BCEs, links to Technical Pages on BCEs and LTA process
added |
|
RPSM03305020 | Correction to
error in page name, example added, details on info needed to pay
lump sums over £375K added and information requirements post
payment added |
|
RPSM03305030 | correction to
error in page name, addition to make clear the LTA charge will
apply in the member does not have primary protection & the
member must supply evidence of this, information requirements post
payment added |
|
RPSM03305040 | Addition to
example to make clear what part of the payment the LTA charge will
apply to |
|
RPSM03305060 | Amendment to
information that needs to be reported to HMRC following payment of
benefits |
|
RPSM03307000 | Title added
to page, links to new pages added |
|
RPSM03307010 | Clarification
of what death benefits use up the LTA and how protection works for
these payments |
|
RPSM03307030 | Change to
show that benefits taken from age 60 before 6/4/10 are still
authorised if the member is not 55 by 6/4/10; extra info - block
transfers & protection lost due to avoidance, link to new page
03201081 |
|
RPSM03307040 | Clarification
of when a 5 year guarantee payment will not be liable to the
special lump sum death benefit charge |
| RPSM04 | Taxation |
|
RPSM04100040 | Amendment to
reflect that former members and former employers may be liable to
unauthorised payments tax charges |
|
RPSM04100060 | Text amended
to reflect provisions of The Tax and Civil Partnerships Regulations
2005 (SI 2005/3229) |
|
RPSM04101010 | Amendment to
reflect authorised payments can be made to former members as well
as current members. |
|
RPSM04101040 | Correction of
legislative reference from s347 ICTA 88 to s349 ICTA 88 |
|
RPSM04101060 | Amendment to
reflect authorised payments can be made to former members as well
as current members, addition of stand-alone lump sum to list of
authorised lump sum payments |
|
RPSM04101070 | Addition of
stand-alone lump sum to list of lump sum that are tax exempt;
stand-alone lump sum and pension commencement lump sum added to
list of lump sums that may be liable to the LTA charge |
|
RPSM04101150 | Two
amendments - (1) to make it clear that scheme administration
payments can be made to former members and (2) to make it clear
that a loan to a former member is not a scheme administration
member payment. |
|
RPSM04102010 | Two
amendments - (1) to make it clear that authorised employer payments
can be made to former employers and (2) to make it clear that a
public service payment can be made to a former employer. |
|
RPSM04102040 | Added AFT
Regs at top of page, added details of what information should be
supplied, amended hyperlink. |
|
RPSM04102050 | Two
amendments - (1) to make it clear that scheme administration
payments can be made to former employers and (2) to make it clear
that a loan to a former employer is not a scheme administration
member payment. |
|
RPSM04103000 | Change
consequential to SI 2006/745 |
|
RPSM04103070 | Revised page
in respect of Pension Business. |
|
RPSM04103090 | Change
consequential to SI 2006/745, space inserted in heading between
'Fund' and 'Pooling, Non-working hyperlink to RPSM14101040 replaced
with working hyperlink & Legislative reference to S615(60 ICTA
88 has been corrected to S615(6) ICTA 88. |
|
RPSM04104000 | Amendment to
contents page to accommodate link to technical recycling
guidance |
|
RPSM04104040 | Two
amendments - (1) to make it clear that an unauthorised member
payment can be made to a former member and (2) to replace the
reference to S172 to 174 FA 04 by an updated list of the sections
that prescribe unauthorised member payments |
|
RPSM04104050 | Two
amendments - (1) to make it clear that an unauthorised employer
payment can be made to a former employer and (2) to make it clear
that any value shifting that is deemed to be an unauthorised
payment by S181 applies to former sponsoring employers |
|
RPSM04104070 | Amendments to
show that payments to connected parties can be made to former
members and former sponsoring employers as well as current
ones. |
|
RPSM04104080 | Amendment to
show that connected person provisions apply to former members and
former sponsoring employers. |
|
RPSM04104510 | Amended to
make it clear that the provision can apply to former members and
former sponsoring employers. |
|
RPSM04104620 | Amended to
make it clear that former members and former sponsoring employers
can be liable to an unauthorised payments surcharge. |
|
RPSM04104660 | Amended to
make reference to former members |
|
RPSM04104670 | Amended to
make reference to former members |
|
RPSM04104680 | Amended to
make reference to former members |
|
RPSM04104690 | Amended to
make reference to former members |
|
RPSM04104700 | Amended to
make reference to former members |
|
RPSM04104720 | Amended to
make reference to former members |
|
RPSM04104760 | Added
Provision of Information Regs at the top of the page |
|
RPSM04104830 | Correction of
legislative reference in final bullet point from paragraph 29
schedule 36 to paragraph 28 schedule 36, non-working hyperlink to
RPSM04104835 corrected to a working hyperlink. |
|
RPSM04104840 | Hyperlink to
page RPSM0414836 added |
|
RPSM04200030 | Hyperlink
added to page RPSM04101140, duplicated paragraph deleted and
paragraph about relief on making a claim deleted. |
|
RPSM04201020 | Non working
hyper link to RPSM04104500 corrected to a working hyperlink. |
|
RPSM04201050 | Non-working
hyperlinks converted to working hyperlinks and bullet style applied
to all of the listed lump sums. |
|
RPSM04300010 | Change to
contents list to reflect the deletion of pages 04300050 to
04300100 |
|
RPSM04300030 | Wording
revised for clarity |
|
RPSM04301000 | Previously
omitted page title now correctly entered onto contents list. |
|
RPSM04301050 | Hyperlink
corrected - was to incorrect page number RPSM04301130 - correct
link is to page RPSM04301030. |
|
RPSM04301060 | Three cross
references corrected. Two of these were hyperlinks that have been
added as they were previously non working, Non-working hyperlink to
RPSM04301040 corrected to a working hyperlink. |
|
RPSM04301070 | Hyperlink
corrected and reference to relief at source penalties removed
(there aren't any) |
|
RPSM04301090 | Two
hyperlinked cross references corrected, non-working hyperlink to
RPSM12301010 corrected to a working hyperlink. |
|
RPSM04302000 | Erroneous
question mark in page title deleted. |
|
RPSM04302010 | Erroneous
question mark in page title deleted. |
|
RPSM04302020 | Erroneous
question mark in page title deleted. |
|
RPSM04302040 | Erroneous
question mark in page title deleted. |
|
RPSM04302050 | Erroneous
question mark in page title deleted. |
|
RPSM04302070 | Erroneous
question mark in page title deleted, non-working hyperlink to
RPSM11104220 corrected to a working hyperlink. |
| RPSM05 | Contributions and tax relief |
|
RPSM05100010 | ? Added to
reference to 05100020 |
|
RPSM05101010 | New item
added to contents list |
|
RPSM05101020 | S. changed to
section (twice) |
|
RPSM05101030 | Text amended
to reflect provisions of The Tax and Civil Partnerships Regulations
2005 (SI 2005/3229), member made defined term |
|
RPSM05101040 | S. changed to
section (twice) |
|
RPSM05101110 | relievable
pension contribution' made defined term |
|
RPSM05101130 | first use of
'relievable pension contribution' made defined term, second use of
'relievable pension contribution' changed to ordinary text |
|
RPSM05101140 | Text amended
to reflect provisions of The Tax and Civil Partnerships Regulations
2005 (SI 2005/3229), replaced 'is' with 'are' |
|
RPSM05101160 | |
|
RPSM05101170 | |
|
RPSM05101180 | Text amended
to reflect provisions of The Tax and Civil Partnerships Regulations
2005 (SI 2005/3229) |
|
RPSM05101210 | Non working
hyperlinks corrected to working hyperlinks, Additional wording to
follow legislation |
|
RPSM05101310 | Paragraph
clarified |
|
RPSM05101320 | S. changed to
section (twice) |
|
RPSM05101370 | Previous NWL
changed to RPSM13101000 and made hyperlink |
|
RPSM05101510 | member' made
defined term |
|
RPSM05101520 | Member,
personal pension scheme & retirement annuity contract |
|
RPSM05101530 | Statutory
reference added, defined term corrected, additional wording to
reflect DWP provisions. |
|
RPSM05101540 | first use of
member made defined term, wording changed to follow
legislation |
|
RPSM05101550 | Additional
paragraph to reflect Schedule 26, paragraph 27(3) of Finance Bill
2006, incorrect text "UK relevant earnings" replaced by defined
term 'relevant UK earnings' |
|
RPSM05101560 | Non working
hyperlink corrected to working hyperlink, wrong legislative
reference amended |
|
RPSM05102000 | New page
inserted in contents list in respect of employer contributions made
in-specie |
|
RPSM05102040 | New paragraph
added regarding in-specie deficiency payments |
|
RPSM05102050 | New paragraph
added regarding in-specie pension levies |
|
RPSM05102140 | Additional
details about regulations including legislative reference |
|
RPSM05200080 | Non working
hyperlink corrected to working hyperlink. |
|
RPSM05201010 | relevant UK
earnings' made defined term |
|
RPSM05201040 | word
'earnings' changed to defined term 'relevant UK earnings' |
|
RPSM05201060 | Word
'earnings' changed to defined term 'relevant UK earnings'. |
|
RPSM05202020 | Full name and
SI number of relief at source regulations inserted |
|
RPSM05202030 | Full name and
SI number of relief at source regulations inserted |
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RPSM05202040 | Full name and
SI number of relief at source regulations inserted, page virtually
rewritten, two hyperlinks added, scheme administrator and relevant
UK earnings made defined terms |
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RPSM05203030 | S amended to
section twice. |
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RPSM05203040 | Three
additional paragraphs added, three new hyperlinks, scheme
administrator and pension input period made defined terms. |
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RPSM05204000 | Contents page
amended to reflect 5 revised headings |
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RPSM05204010 | Non working
glossary hyperlink corrected to a working hyper link, amended to
show refunds allowed in legislation, 3 new hyperlinks, new
heading |
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RPSM05204020 | Non working
glossary hyperlink corrected to a working hyper link, amended to
show situation where pension mis-sold, new heading |
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RPSM05204030 | amended to
show permitted 'payments in error' to be refunded, 3 new
hyperlinks, new heading |
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RPSM05204040 | amended to
show short service refund type situation, new heading, 2 new
hyperlinks |
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RPSM05204050 | amended to
show position where contributions cease, new heading, 3 new
hyperlinks |
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RPSM05300030 | act changed
to Act |
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RPSM05300050 | amended to
reflect 'in-specie' contribution issue, two new hyperlinks
added |
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RPSM05300090 | revised
wording |
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RPSM05300100 | revised
wording |
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RPSM05301050 | legislative
reference added three times |
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RPSM05301070 | legislative
reference added, term " scheme administrators" changed to "scheme
administrator"s |
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RPSM05301080 | legislative
reference added |
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RPSM05301100 | Incorrect
hyperlink deleted |
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RPSM05302000 | Revised
description of two pages, entry 05302060 deleted from contents
page |
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RPSM05302010 | Revised
heading, page amended to set out authorised refunds, hyperlink
withdrawn, new hyperlink added elsewhere in text. |
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RPSM05302020 | Revised
heading, page amended to set out 'in error' refunds, registered
pension scheme made defined term |
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RPSM05302030 | revised
heading, term " scheme administrators" changed to "scheme
administrator"s, 2 new hyperlinks, revised wording |
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RPSM05302040 | Wording
reduced to reflect correct position, revised heading. |
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RPSM05302050 | Two
amendments to wording, new hyperlink added, revised heading |
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RPSM05400020 | NWL to
RPSM05102020 corrected to a working hyperlink, NWL to RPSM04400040
corrected to a working hyperlink to RPSM05400040, New text added in
respect of in-specie contributions. |
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RPSM05400040 | NWL to
RPSM05102090 corrected to a working hyperlink, NWL to RPSM0502110
corrected to a working hyperlink to RPSM05102110 |
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RPSM05400100 | Correction of
typing error. - 'Authorise' has been corrected to 'Authorised' |
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RPSM05400140 | NWL to
RPSM0703060 corrected to a working hyperlink to RPSM07103060 |
| RPSM06 | Annual allowance |
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RPSM06100040 | New
hyperlinks added to pages with rules for calculating pension input
amounts |
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RPSM06100050 | The word
'never' has been deleted from the first line of the first
paragraph. |
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RPSM06100060 | In final
sentence, ‘6 April’ amended to ‘5 April’
and new sentence inserted at the end |
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RPSM06103040 | Update to
reflect regulations SI 2006/130, reference to SI number in the
third bullet point put into brackets. |
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RPSM06103050 | New paragraph
on transfers |
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RPSM06103060 | New paragraph
on transfers |
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RPSM06200030 | First
paragraph corrected to make it clear that all inputs must be
counted, not just those paid. Sentence added to end of second
paragraph to clarify how inputs in pension input periods that do
not coincide with tax years are allocated to a tax-year. |
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RPSM06200050 | Extra space
between words in final sentence removed. |
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RPSM0630001 |