lifetime allowance

Removal of the LTA, pensions tax reform, TPR’s general code, and AE contributions

Members who hold valid enhanced or fixed protections will be able to accrue new benefits

‘Some rowing back’ may happen as framework is taken apart

Pension allowance reform praised by industry but cost and impact of measures questioned

LTA abolished, AA rises to £60,000 and both MPAA and MTAA increased to £10,000

Some fear the government could alter inheritance tax rules or hike the minimum pensions age to 60

Reports say LTA could increase from £1m to £1.8m and the AA from £40,000 to £60,000

Daily Mail says lifetime and annual allowances among those that will increase

Steven Cameron calls for LTA, AA and MPAA reform as chancellor expected to rethink rules

2021 measure to freeze LTA set to raise twice as much for HMT as originally thought