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...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
