Enhanced and Fixed Protection

Question 1

Enhanced Protection - accrual allowed?

Answer 1

No for MP

DB - must not exceed appropriate limit - RPI or 5% compound to BCE

Question 2

FP12, 14 & 16 - accrual allowed?

Answer 2

Capital value cannot increase by more than relevant % at any point!

CPI previous Sept

Question 3

FP12 , 14 & 16 - LTA?

Answer 3

£1.8m
£1.5m
£1.25m

TFC = 25% of LTA or FV if lower

Question 4

FP12 , 14 & 16 - Deadline?

Answer 4

FP12 - 05/04/12
FP14 - 05/04/14
FP16 - no deadline