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

PASA selects Procentia as digital admin expert partner

PASA selects Procentia as digital admin expert partner

PASA said Procentia has ‘deep technical expertise’ and an ‘understanding of the industry’s diverse needs’

Holly Roach
clock 01 October 2024 • 1 min read
Buzz: Will more insurers enter the bulk annuity space within the next year?

Buzz: Will more insurers enter the bulk annuity space within the next year?

Bulk annuity market growth, cyber security risk and insurer emissions targets

Professional Pensions
clock 30 September 2024 • 1 min read
Labour scrapping higher rate pensions tax relief is 'politically unlikely'

Labour scrapping higher rate pensions tax relief is 'politically unlikely'

Despite being ‘potentially lucrative’

Isabel Baxter
clock 30 September 2024 • 4 min read
Trustpilot