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Hi thank you for your response.your answer helps but can you also tell me what the 2 figures are for.ie.the protected rights benefit etc as I'm confused about what they mean.Does it mean he will get both amounts.Thankyou for your help I look forward to your response. Claire
Sorry for the delay, I have just noticed that you came back to me despite my opting out.
Protected rights came about when you gave up your SERPS and a proportion of your pot was funded by a NI rebate. For example I paid into SERPS and my wife inherits 70% of them on my demise. The pension arrangements as a result of protected rights resulted in your receiving a lower pension, but it included protection for your spouse for their lifetime. Although all these Budget changes need Parliamentary approval in the long term with the necessity not to have to buy an annuity just announced things may change. Under those rules you have two pots, but the use of one pot is restricted.