RPSM11104050 - Technical Pages: Lifetime allowance: Valuing benefits on BCEs: Unsecured pension – BCE 1: Contents

Valuing an unsecured pension (BCE 1): Contents

RPSM11104060When the event is triggered
RPSM11104070Calculating the capital value of the unsecured pension that crystallises through BCE 1
RPSM11104080Prevention of overlap where unsecured pension fund is used to purchase a lifetime annuity or provide a scheme pension
RPSM11104090Uncrystallised funds held in a money purchase arrangement at age 75
RPSM11104100Uncrystallised funds held under a cash balance arrangement at age 75
RPSM11104110A hybrid arrangement and age 75
RPSM11104120Where an unsecured pension becomes an alternatively secured pension
RPSM11104130Example of the crystallisation of unsecured pension through BCE 1
RPSM11104140An example of how the level of uncrystallised funds are calculated under a cash balance arrangement at age 75