Enhanced Protection and Transitional Certificate

SA96

For EP clients who don't have a protected lump sum entitlement, how do we calculate their remaining LSA entitlement under the standard method?

I am aware EP benefits before 6th April 2024 were tested against the lifetime allowance, but against what amount? Would it be the standard LTA at the time of the BCE, or £1.5 million?

We have a client who took a DB scheme and we think he may benefit from a certificate.

Thanks - these new rules are a pain!

SA96

I've just found out that benefits for these clients would have been tested against the standard LTA at the time of the BCE.

So my client is definitely going to benefit from a certificate, as he had a DB scheme.

les_cameron

Their LSA is £375,000 reduced by the amount of standard LSTA they used (based on a SLTA of £1.5m)

SA96

@les_cameron said:
Their LSA is £375,000 reduced by the amount of standard LSTA they used (based on a SLTA of £1.5m)

Thanks Les!