Where you have a valid Certificate of Enhanced Protection from HMRC, whatever the value of your benefits at the time they are crystallised, they are not subject to the Lifetime Allowance tax charge.
Sign up to our regular newsletter, for first-rate analysis and opinion on all matters affecting financial advisers. You can unsubscribe at any time.
You can also connect with us on social media by clicking on the icons below. We are on LinkedIn and Twitter.