Transitional relief available to a member of a registered pension scheme who is adversely affected by the reduction in the lifetime allowance on 6 April 2014 because they expect the value of their pension savings to exceed £1.25 million when they retire. A member who claims fixed protection 2014 will not incur a lifetime allowance charge on any of their benefits up to £1.5 million, although they cannot make any further pension contributions or accrue any further benefits beyond a specified level. To be eligible, the member must not already have claimed primary protection, enhanced protection or fixed protection 2012.