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.