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Understanding your Remediable Pension Savings Statement

New advice about what the information means, and the action you should take.

If you have a Public Service Pension Scheme you may have received a Remediable Pension Savings Statement.

The purpose of the document is to address the fact that in fixing the historic age discrimination across public service pension schemes, a change in tax position has arisen for many. In light of this, Annual Allowance calculations should be revisited.

In order to help you understand these statements correctly, we have new advice on the background, what the key points are, and what you should do with the information. Members can read our new advice page and watch our short video on the topic.