PART XIVU.K. PENSION SCHEMES, SOCIAL SECURITY BENEFITS, LIFE ANNUITIES ETC.

CHAPTER IVU.K. PERSONAL PENSION SCHEMES

Restrictions on approvalU.K.

[F1637 Death benefit.U.K.

The lump sum—

(a)must be payable on the death of the member before he attains the age of 75, and

(b)must be payable by an authorised insurance company.]

Textual Amendments

F1Ss. 637, 637A substituted for s. 637 (1.5.1995) by Finance Act 1995 (c. 4), Sch. 11 para. 8