Trustees making scheme registration enquiries to HM Revenue and Customs (HMRC) before making transfers have faced up to a five-month wait, PP can reveal.
In October 2013, HMRC amended its registration process to include "detailed risk assessment activity" before awarding newly established schemes tax-registered status (PP Online, 21 October). The...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
