Fixed protection

Members with funds that exceeded, or were likely to exceed, the reduced lifetime allowance from 6 April 2012, had until 6 April 2012 to apply for fixed protection, provided they did not already have primary or enhanced protection. Members who obtained fixed protection will be subject to a minimum lifetime allowance of £1,800,000 when benefits are taken. Fixed protection will be lost if contributions are made to any pension arrangements from 6 April 2012.

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