Some occupational schemes had very generous PCLS benefits for those who joined before 17^th March 1987 (known as the pre 87 regime). For members in these situations the rules are:

• such individuals can protect their enhanced PCLS entitlement without applying to HMRC;
• the onus falls on the existing scheme, which must record the member’s entitlement to PCLS on an ongoing basis;
• however, if benefits are transferred after A-Day, the higher PCLS is lost, unless the transfer is part of a bulk transfer (involving two or more members’ benefits) or in the event of the winding up of the occupational pension