IFAs warn of risk of planning around LTA removal

Research finds while most IFAs support measure, planning for it long term is risky

Jasmine Urquhart
clock • 1 min read
IFAs warn of risk of planning around LTA removal

The majority (69%) of independent financial advisers (IFAs) think it is risky for clients to plan their finances around the lifetime allowance (LTA) removal being in place in the long term, Standard Life research has found.

The research conducted among 203 IFAs earlier this month found while the majority supported (76%) or strongly supported (52%) the removal of the pensions LTA in the Spring Budget, more than two-thi...

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

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Industry

Schemes keen for BPA insurers to offer improved communications, Aon finds

Schemes keen for BPA insurers to offer improved communications, Aon finds

Firm says trend for bulk annuity insurers to offer improved comms will continue into 2025

Holly Roach
clock 11 December 2024 • 2 min read
SPP: Use tax incentives to encourage greater pension scheme investment in UK

SPP: Use tax incentives to encourage greater pension scheme investment in UK

Survey finds 44% say offering schemes incentives could boost UK productive asset investment

Martin Richmond
clock 11 December 2024 • 1 min read
Trustee Sustainability Working Group launched in bid to accelerate change

Trustee Sustainability Working Group launched in bid to accelerate change

Committee aims to be ‘action orientated’ and plans early focus on climate change

Jonathan Stapleton
clock 11 December 2024 • 2 min read
Trustpilot