The Apportion PCLS calculator provides an indication of the amount of Pension Commencement Lump Sum (PCLS) that each scheme has to pay.
If a client has multiple ‘occupational’ pension schemes for the same employment, at retirement the Pension Commencement Lump Sum (PCLS) has to be apportioned between each of those schemes so that each Scheme pays its appropriate share.
The Apportion PCLS calculator allows for up to 4 different occupational arrangements (e.g. Executive Pension, S32 etc) to be input.
