View more on these topics

Fixed protection election form to be available from August

HMRC has confirmed the election form to apply for fixed protection on the £1.8m lifetime allowance will be available from August.

Applying for fixed protection allows investors to retain the £1.8m lifetime allowance, provided no further contributions are paid into the fund or benefits accrued.

The lifetime allowance will reduce to £1.5m from April 6, 2012.

Completed fixed protection forms must be received by HMRC by April 5, 2012.

A link to the HMRC alert can be viewed here.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm