HMRC publishes lifetime allowance guidance

February update sets out list of frequently asked questions on LTA for industry

Martin Richmond
clock • 2 min read
HMRC publishes lifetime allowance guidance

HM Revenue & Customs (HMRC) has published additional guidance for the pensions industry regarding the lifetime allowance (LTA).

The guidance, published today (13 February), provides a list of frequently asked questions (FAQs) for the industry - covering areas including lump sums and lump sum death benefits; reporting requir...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Former company director pleads not guilty to pension fraud charges

Former company director pleads not guilty to pension fraud charges

Defendant accused of defrauding workers’ pensions of two separate companies

Martin Richmond
clock 11 April 2024 • 1 min read
Robin Ellison: Magnolias, VfM and brand value

Robin Ellison: Magnolias, VfM and brand value

PP’s regular columnist discusses value for money and the value of brands in pensions

Robin Ellison
clock 10 April 2024 • 9 min read
HMRC advises some people to delay taking benefits until it fixes LTA abolition rules

HMRC advises some people to delay taking benefits until it fixes LTA abolition rules

Call for some delays come just days before the implementation of the LTA’s abolition

Jonathan Stapleton
clock 05 April 2024 • 1 min read
Trustpilot