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...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date