The Daily Mail and General Trust pension fund has launched a programme to encourage members affected by the reduced tax-free lifetime allowance to apply for fixed protection.
The scheme has e-mailed all 196 members who could potentially exceed the allowance - which will be cut back form £1.8m to £1.5m from April - to prompt them to take action. The members were given...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
