Assets which have been acquired at arms length

Include details of all assets acquired by the scheme that have not already been entered on the return.

Where assets are managed by a third party (for example, a stockbroker) the return must reflect the legal ownership of the assets. If the assets are owned by the pension scheme then the full details of the underlying assets should be included, rather than the total value of the managed investment.

Other useful definitions

Genuinely diverse commercial vehicle – see RPSM07109420
Investment Regulated Pension Scheme – see RPSM07109050

RPSM is the Registered Pension Schemes Manual which can be found at www.hmrc.gov.uk/pensionschemes/index.htm