flexible, tailored funds...
...for your future financial plans
The Pension Drawdown Company specialises
in providing advice on all aspects of pension
drawdown and investments
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Protection for Lifetime AllowanceAny pension fund that exceeds the Lifetime Allowance for that particular year will be subject to the Lifetime Allowance charge. However, if the plan existed at “A Day” it is possible to protect these plans by registering for either Primary or Enhanced Protection. Primary Protection - Provided the benefits were within Inland Revenue limits at “A-Day” these benefits can be registered to protect them from any charge. The Protection will entitle such individuals to a Lifetime Allowance that is enhanced by the percentage by which the fund currently exceeds the allowance. Benefits can continue to accrue but if these and/or any investment growth take the fund value over the elevated allowance, the Lifetime Allowance charge will apply. Enhanced Protection allows any level of fund to be protected as long as it complied with Inland Revenue limits before “A-Day”. There is no limit on the investment growth that can be added to the plan, but all contributions must have ceased on “A-Day”. Note: Registration with the Inland Revenue for protection must take place within 3 years of A-Day (i.e. before 6th April 2009). |
Thank you for your recent letter and valuation of 27 November 2006. I would thank you for your continued involvement in monitoring movements i ... click here for more 
When you become a client of The Pension Drawdown Company you will be able to have on-line access to up to date valuations for all your funds. click here to login |