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Paying lump sum death benefits
Paying lump sum death benefits
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Scenarios
The following scenarios illustrate some situations that may be encountered in practice. They explain how the regulator sees s255 operating.There may be other circumstances where it is not clear if the provision of lump sum only death benefits would be contrary to s255 of the Pensions Act. In such cases, the trustees may well wish to seek their own professional advice.
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| Related pages |
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| s255 of the Pensions Act |