Tax – Inheritance tax. The Upper Tribunal (Tax and Chancery Chamber) ruled on the appeal by the Revenue and Customs Commissioners and the cross-appeal by the taxpayers against a decision of the First-tier Tribunal (Tax Chamber) (the FTT) that the transfer of funds by the deceased out of a registered pension scheme into another scheme had not amounted to a transfer of value under s 2 of the Inheritance Act 1984. The FTT had further decided that the omission by the deceased to take pension lifetime benefits had satisfied the requirements of s 3(3) of the Act so as to amount to a disposition for the purposes of s 3(1). The Revenue's appeal was dismissed and the taxpayers' appeal was allowed.