Scheme specific tax-free cash and safeguarded benefits
benjaminfabi
Moderator
Hi,
I don't think that Scheme specific cash is a safeguarded benefit. But then I think we might still be waiting some clarity on all the things that are.
If a member of a DC OPS has scheme specific tax free cash, would you have that checked by a pension transfer specialist? Or do you think that the recently amended rules avoid that requirement?
Thanks
I don't think that Scheme specific cash is a safeguarded benefit. But then I think we might still be waiting some clarity on all the things that are.
If a member of a DC OPS has scheme specific tax free cash, would you have that checked by a pension transfer specialist? Or do you think that the recently amended rules avoid that requirement?
Thanks
Benjamin Fabi
Comments
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/495377/pension-benefits-with-a-guarantee-factsheet-jan-2016.pdf