The government has published draft details of the protection regime that will apply after the lifetime allowance (LTA) is cut in April.
Chancellor George Osborne announced the cut, which will see the LTA cut from £1.25 to £1m, in the 2015 Budget. The government's draft finance bill, published in December, provides information on...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
