Tax relief and scheme survival

Rachel Dalton looks at how schemes are coping with the changes to tax relief

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The government has made several changes to the pensions tax relief regime, most recently bringing the annual allowance (AA) from £50,000 to £40,000 and the lifetime allowance (LTA) from £1.5m to £1.25m.

Much of the focus regarding these changes has been on how they will alter attitudes towards individual saving, but schemes themselves have also had to deal with practical problems created by the re...

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