RPSM03104060 - Technical Pages: Protecting pension rights from tax charges: Enhanced protection: Overview: Cessation

Cessation of enhanced protection

[Para 12(2) Sch 36] [Reg 4 The Registered Pension Schemes (Enhanced Lifetime Allowance) Regulations 2006 – SI 2006/131]

Individuals who claim enhanced protection can lose this protection at any time as a consequence of certain actions. For instance they may change employment and wish to become an active member of their new employer’s registered pension scheme, or they might pay a contribution to an insured scheme.

An individual can also choose to no longer be covered by enhanced protection. An individual must notify HMRC in writing if they no longer wish enhanced protection to apply to them.

RPSM03104065 gives more information on what causes loss of enhanced protection and the consequences of loss of protection.