You may be tired of reading this, but we will try to make it the last statement of its kind in our publication. it is VITAL that schemes which have not taken action to amend their rules, in order to retain features (most notably benefit limits) of the old tax regime that existed before 6 April 2006, do so before 6 April 2011… otherwise they, and their sponsors, may face a huge – and irreversible – increase in scheme liabilities…