Finance Act 2021 (c. 26)

SCHEDULES

SCHEDULE 5 U.K. Pension schemes: collective money purchase benefits

PART 1 U.K. Amendments of Part 4 of FA 2004

4 (1) In section 167 (pension death benefit rules), subsection (1) is amended as follows. U.K.

(2) In pension death benefit rule 2, after “defined benefits arrangement” insert “ or a collective money purchase arrangement ”.

(3) In pension death benefit rule 3, after “money purchase arrangement” insert “ that is not a collective money purchase arrangement ”.