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Here are some frequently asked questions about A-Day. To fully understand how A-Day
affected your pension plan, please speak to your financial adviser.
General
What was the effect of A-Day on existing pensions?
Have A-Day changes to the tax-free lump sum affected my existing pension provision?
Will the pensions gap affect me?
Can I protect my existing benefits after A-Day?
Should I consider registering for the primary/enhanced protection?
Contributions
How much can I put into my pension each year?
Do I get tax relief on it all?
What’s the lifetime allowance? Is it going to increase?
What happens if I go over the lifetime allowance?
What if I go over my lifetime allowance simply because my funds perform well?
If the limits have been reached, what effect will this have on my tax position?
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