Pensions tax: transitional protection of pre-6 April 2006 pension rights
Resource type: Practice Note
England, Scotland, Wales
This practice note considers the transitional relief in the pensions tax regime which protects the rights that members of registered pension schemes built up before 6 April 2006. Specific areas covered include primary protection, enhanced protection, protected pension ages for those wishing to draw their benefits before age 55, lump sums exceeding 25% of the lifetime allowance and five-year lump-sum guarantees.