Maximum tax free cash pre A Day

richallum

Can anyone remember how max tax free cash is revalued from date of leaving (2002 in this case) to A Day? I think it was simply RPI but can't remember and can't find it anywhere.

This is a post 89 member and I've worked out the max tax free cash at DOL but can't remember how to get that to A Day. It's a long time since I did G60!

benjaminfabi

I hope no one can remember, Richard 😂😂😂

Although I was around back then, I don't know the answer. But intuitively I feel like it would have been linked to increases to the earnings cap rather than simple RPI. I'd use whole tax years between DOL and 6/4/2006.

The earnings cap was applied in April based on previous September RPI increase, and rounded up to keep it sensible (avoiding figures like, for example, £268,275 😡) and the Royal London site still publishes it https://adviser.royallondon.com/technical-central/rates-and-factors/earnings-cap/

richallum

Thanks @benjaminfabi I used to do these in my sleep but time marches on 👴