Here, we have outlined typically who may be impacted, however, the list is not exhaustive. We understand and know there will be a lot of unique and different circumstances and would always recommend that you seek professional advice. 

• Any officer in CARE scheme planning to retire before age 60. If this is you, then you need to seek advice as your pension may suffer actuarial reductions if taken early.
• Any officer who has an AA breach. You will have to pay tax and complete HMRC self assessment. Talk to us about your options and the best way to navigate through this.
• Any officer exceeding Lifetime Allowance means that there are things to consider like potential reduction to Lump Sum and your annual pension.
• Any officer considering promotion. This could impact and result in a potential AA breaches caused by increase in pension. Talk to us and seek advice about your career promotion opportunities and the best route of action for your pensions and investments. 
• Any officer planning to retire early; before 30 years pensionable service or before age 50. This may result in reduced pension benefits and we recommend that you explore your options carefully. 
• Any officer tapered into CARE scheme looking at going back into legacy scheme following remedy. This could result in more tax and higher contributions which may not make going back into legacy scheme your best option. 

We have put together some common scenarios which may help you understand where you are with your pensions and what to consider. These scenarios are put together for illustrative purposes. 

The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief is generally dependent on individual circumstances.