HMRC is reminding taxpayers and agents that claims to "Fix the Protection" for pension funds with values in excess of the reduced Lifetime Allowance (soon to be reduced from £1.5 million to £1.25 million) must be submitted by 5 April 2014.
There is an online application form in order to submit a claim; there are of course significant restrictions on any further pension savings which can be made if Fixed Protection is granted.
Further information can be found at Reminder to Submit Fixed Protection 2014 Applications by 5 April 2014.
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