Claire Trott: Safeguarding 'enhanced protection' for pension clients

Protecting the protections...

clock • 4 min read

Claire Trott looks at the pension protection regime in her latest article for PA. She urges advisers to carefully monitor clients hard-won enhanced protection and follow strict rules to keep it in place

We are now in a situation where there are seven lifetime allowance protections in place, with only two that are still available to those that qualify, but those can only give you a lifetime allowance of up to £1.25m. This just makes it all the more important to ensure that protections your clients may hold remain in place. The best protection is enhanced protection (EP) but it is also one of the easiest to lose if you aren't careful or if you are just unaware. According to legislation, the ways in which EP is lost is if any of the following occur after 6 April 2006: Relevant b...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Many savers fear smaller pension pots after salary sacrifice reforms

Many savers fear smaller pension pots after salary sacrifice reforms

Two-thirds think changes will mean paying more National Insurance

Jasmine Urquhart
clock 08 January 2026 • 2 min read
Evolution of pension recommendations and how 2026 may influence change

Evolution of pension recommendations and how 2026 may influence change

Next year could be the start of something big

Richard Hulbert
clock 06 January 2026 • 4 min read
Preparing for 2029: Adapting to the Budget's salary sacrifice cap

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

'While this policy alters the landscape, it arguably represents an adjustment rather than a fundamental reform'

Steve Charlton
clock 22 December 2025 • 3 min read