Her Majesty's Revenue and Customs last night published the application for fixed protection for the new lifetime allowance on pension contributions.
From April 2011, the LTA on pension contributions changed from £1.8m to £1.5m. The annual allowance on contributions was also cut from £225,000 to £50,000. Fixed protection means investors who a...
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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
