17. Special rules for relevant pension schemes.

Death benefits often emerge from pension schemes which are trust schemes in such a way as to be held on ongoing trusts, and difficult questions then arise as to the applicable perpetuity period. The Perpetuities and Accumulations Act 2009 seeks to provide some certainty in this area by making special provisions for relevant pension schemes. A relevant pension scheme is an occupational pension scheme, a personal pension scheme or a public service pension scheme1.

Where an instrument nominates benefits under a relevant pension scheme or an instrument is made in the exercise of a power of advancement arising under a