Lisa Webster: Enhanced protection issues linger on

Overcoming anomalies

clock • 3 min read

Lisa Webster looks at the issues surrounding enhanced protection, which she says have been lingering since A-Day...

It's 17 years since I joined this industry in the run-up to A-Day and pension simplification. I recall colleagues explaining to me how much more straightforward things were going to be under the new system and feeling grateful that I didn't need to understand all the intricacies of the old world. Of course, we all know what's happened since, but 16 years on since the introduction of the lifetime allowance (LTA), and in particular enhanced protection, there are still anomalies that crop up from those original A-Day changes that can cause hiccups in the planning process. There are some ...

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