'Devil in the detail' - What lawyers say about 'complex' LTA abolition

‘Some rowing back’ may happen as framework is taken apart

Jonathan Stapleton
clock • 4 min read
Rosalind Connor says there may be some rowing back in the future
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Rosalind Connor says there may be some rowing back in the future

The abolition of the lifetime allowance (LTA) could ‘remove a burden’ for HM Revenue & Customs (HMRC), will have ‘knock-on’ consequences and may see some “rowing back” as the structure is dismantled, pension lawyers say.

Arc Pensions Law managing partner Rosalind Connor explained that while the chancellor announced the abolition of the LTA in his budget, in practice he was getting rid of any LTA charges - the tax f...

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