Protected rights

Resource type: Glossary Item

Status: Maintained

Jurisdiction: United Kingdom

Until 6 April 2012, the part a member's pension rights in a contracted-out money purchase (COMP) scheme (www.practicallaw.com/1-205-6985) or an appropriate personal pension (APP) scheme (www.practicallaw.com/7-504-9837) that derived from rebates the member's employer and the member received on their national insurance contributions (NICs) (www.practicallaw.com/8-201-8297) were subject to special rules and known as "protected rights". The rules and restrictions relating to former protected rights were abolished on 6 April 2012.

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  • Resource ID: 6-207-4963
  • Products:  IP&IT, PLC Glossary, PLC Magazine (UK), PLC UK Commercial, PLC UK Construction, PLC UK Corporate, PLC UK Dispute Resolution, PLC UK Employment, PLC UK Environment, PLC UK Finance, PLC UK Law Department, PLC UK Pensions, PLC UK Property, PLC UK Public Sector, PLC UK Share Schemes & Incentives
  • This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.
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