LCP urges trustees not to get 'caught out' on LTA abolition

Consultancy outlines four steps for trustees to follow to be ready for LTA abolition

Martin Richmond
clock • 2 min read
The abolishment of the LTA is expected to officially take effect on 6 April
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The abolishment of the LTA is expected to officially take effect on 6 April

Scheme trustees should follow four rules to ensure they are fully prepared for the abolition of the lifetime allowance (LTA) in April, Lane Clark & Peacock (LCP) has said.

In a blog published today (29 February), LCP partner Alasdair Mayes noted while many pension scheme members will see little change since their benefits are within the tax-free allowances, there cou...

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