GLOSSARY

Trivial commutation lump sum death benefit definition

What does Trivial commutation lump sum death benefit mean?

A lump sum benefit paid to a dependant of a scheme member of a registered pension scheme because that dependant's entitlement under that scheme is deemed trivial. This lump sum must meet the conditions of the Finance Act 2004, Sch 29, para 20.


Discover our 11 Practice Notes on Trivial commutation lump sum death benefit

Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.

  Case studies

"Law firms don't have the resources LexisNexis does for product development and product support. With access to their products, Ashfords can compete with larger firms and provide our clients with the same value."

Ashfords


Access all documents on Trivial commutation lump sum death benefit

GET ACCESS NOW