IHTM17026 - Pensions: types of pension scheme: Section 615(3) schemes

Section 615(3) schemes are schemes that meet the provisions of ICTA1988/S615. They are occupational pension schemes set up under irrevocable trusts to provide superannuation benefits for non-resident scheme members by employers whose business is carried out wholly or partly outside the UK. Additional contributions into section 615(3) schemes cannot be made after 6 April 2017

These schemes are entitled to same Inheritance Tax treatment as registered pension schemes (IHTM17035).