Pension tax relief: Once more unto the breach

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More people than ever could face a 55% tax charge through breaching the lifetime allowance. Fiona Murphy asks about the issues and action to take

The Chancellor's Autumn statement contained new pain for pension savers. The lifetime allowance (LTA) was reduced from £1.5m to £1.25m while the annual allowance (AA) was slashed from £50,000 to £4...

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