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Taylor: We expect that some aspects of the legislation will not operate as intended
HM Revenue & Customs (HMRC) must finalise draft legislation concerning the abolition of the lifetime allowance (LTA) by October, the Association of Consulting Actuaries (ACA) has warned.
In its response to HMRC's LTA abolition consultation, the ACA said it believed October was a "key point" for the practicality of the measure, which was announced by chancellor Jeremy Hunt in his Sp...
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