General Flashcards
1
Q
A DAY
A
Primary and Enhanced protection from A-Day 06-04-2006 must have bee taken by 2009
2
Q
Always look for the Verb in a question ie EXPLAIN
A
Always give as much detail as you can
MORE is better.
3
Q
Imediate retirement quotation from the scheme.
A
Always ask for one and details of how they arrived at it ie the early retirement factors.
4
Q
UFPLS
Uncrystalised Funds Pension Lump Sum
Cannot be taken When?
A
Has Primary or Enhanced protection where the cash sum is 375k or above
Has protected TFC of above 25%
LTA enhancement factor is less than 25%
5
Q
Small Pots Payments
A
10k or less
NOT testded against LTA
Dont trigger MPAA
uncrys 25% the 75% taxed as Inc
crystalised all taxed as Income
