Pension rights webcast launched by Alliance Trust
Thu, 06 Nov 2008
Alliance Trust has unveiled a webcast and factsheet to help protect their clients’ pre A-Day pension rights.

The subject matter describes how to apply for protection, as well as the variety of products available and how each of these work, depending on individual circumstances.

Steve Latto, pensions development manager, explained that knowing and and understanding the different protection options on pre A-Day pension rights can be confusing. He said: "With so many different options available it is important that advisers are offering their clients the best advice depending on their individual circumstances."

He believes that advisers must promote protection as an important issue with their clients who are members of existing pension schemes and may have been ‘adversely affected’ by the changes to pensions regulations on 6 April 2006. He added that it was important to act quickly, as in most cases members must notify HM Revenue and Customs if they are intending to rely on protection and the notification must be received by 5 April 2009.
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