Pension tax relief: Once more unto the breach

clock

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

  • 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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Page Executive joins PMI's TAP to help deliver a pension trustee pipeline

Page Executive joins PMI's TAP to help deliver a pension trustee pipeline

Executive recruitment firm will use its ENABL network to help the TAP reach a broader pool

Jonathan Stapleton
clock 17 April 2026 • 2 min read
Spence & Partners publishes DB benchmarking report

Spence & Partners publishes DB benchmarking report

Third annual report shows ‘shift’ from deficit management to endgame in DB schemes

Jasmine Urquhart
clock 17 April 2026 • 2 min read
Isio revenue rises by 11% hitting £188m

Isio revenue rises by 11% hitting £188m

Firm’s full-year results show 11% group revenue growth and 20% EBITDA increase

Holly Roach
clock 17 April 2026 • 1 min read
Trustpilot