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LTA and BCEs

eric100 · 2017-03-20 19:09:43

HI, Hopefully someone can help explain LTA to me please? I'm trying to understand more about how LTA would affect me if I decided to transfer out of my DB scheme. I believe I will have 3 pensions that will qualify as BCE events. Potentially as follows: A) Final salary transfer to SIPP (later this year) approx £950k B) DC…

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eric100 Posts: 15 Forumite

23 March 2017 at 8:52PM

Thanks all.....complicated indeed. Here I was ploughing money into my DC pension for the last couple of years only now to realise I'll have to give it back to the tax man (as pointed out by Ed).

Certianly will be taking more advice on the matter.

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LTA and BCEs

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