Relevant Benefit Accrual Test- Enhanced Protection
Can anyone explain how the earnings recalculation test works within the relevant benefit accrual test? Does it apply if the member left the scheme a while ago?
I am trying to work out if a client with lose their enhanced protection by transferring their DB scheme. I have calculated the indexed amount but believe there are two tests that are required.
Any input would be greatly appreciated and apologies if this is a very simple question!