Labour will not reintroduce the lifetime allowance after all – reports

FT report says Labour has dropped its plans to reintroduce LTA ahead of manifesto launch

Hope Coumbe
clock • 4 min read
Labour will not reintroduce the lifetime allowance after all – reports

Rumours are growing that the Labour Party will U-turn on its plan of reinstating the pensions lifetime allowance (LTA).

A report in the Financial Times over the weekend said Labour will look to reverse its plans to bring back the cap on tax-free pensions savings, as it had initially pledged to do. The LTA was scr...

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Hope Coumbe
Author spotlight

Hope Coumbe

Editor at Professional Adviser

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