Transitional relief available to a member of a registered pension scheme who was adversely affected by the reduction in the lifetime allowance on 6 April 2012 because he expects the value of his pension savings to exceed £1.5 million when he retires. A member who has claimed fixed protection 2012 will not incur a lifetime allowance charge on any of his benefits up to £1.8 million, although he 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 or enhanced protection. The member must have given notice to HMRC of his intention to rely on fixed protection 2012 before 6 April 2012. See also fixed protection 2014.