11.5.1 What is enhanced protection?

Subject to having notified HMRC appropriately by 5 April 2009 and not subsequently jeopardising a claim, enhanced protection will prevent the lifetime allowance charge applying to any funds of the individual regardless of their size. Enhanced protection would usually have been claimed with primary protection in case the former failed and the latter was then able to offer a (reduced) measure of protection.

Again, if a valuation before 5 April 2006 revealed a ‘relevant excess’, the excess was required to be surrendered for the claim to be valid.

The following surrenders of rights did not count as a surrender of relevant excess:

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