LTA abolition: What do schemes need to know?

Communication, member protections and transfers just some of the aspects to prioritise

Jasmine Urquhart
clock • 6 min read
Chancellor Jeremy Hunt announced the abolition of the LTA in last year's Spring Budget. Not it has come into force, what are the next steps schemes should take? Credit: UK Parliament
Image:

Chancellor Jeremy Hunt announced the abolition of the LTA in last year's Spring Budget. Not it has come into force, what are the next steps schemes should take? Credit: UK Parliament

Jasmine Urquhart asks the industry where to start now the LTA has been abolished, and the most important things to focus on.

The abolition of the lifetime allowance (LTA) finally came into force last week (6 April) after a year of preparation, anticipation and work from schemes. Last week's change followed numerous pi...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

View profile
More from Jasmine Urquhart

Almost ten million Nest members not contributing to their pension

LCP forecasts up to £550bn of buy-ins over the next decade

More on Law and Regulation

Box Clever members transfer to ITV Pension Scheme as long-running case concludes
Law and Regulation

Box Clever members transfer to ITV Pension Scheme as long-running case concludes

TPR has now ceased its regulatory action against ITV and associated entities

Jonathan Stapleton
Jonathan Stapleton
clock 06 November 2025 • 2 min read
Master trust authorisation six years on: What has changed and what's to come?
Law and Regulation

Master trust authorisation six years on: What has changed and what's to come?

Industry says regime has set a strong foundation but there is ‘room to evolve’

Holly Roach
Holly Roach
clock 06 November 2025 • 8 min read
The red face test – how would you fare?
Law and Regulation

The red face test – how would you fare?

Naomi Brown asks how trustees can prepare for when a decision they make is challenged

Naomi Brown
clock 31 October 2025 • 4 min read
Trustpilot