Record LTA charges could see it being reinstated
- Monday, 05 August 2024
- Articles
New figures from HMRC have revealed that pensions lifetime allowance (LTA) penalty charges added a record £516m to the Treasury’s coffers in 2022-23, the last full year before it was abolished in April this year.
Read more...Unresolved LTA questions are causing disruption warns LCP
- Wednesday, 08 May 2024
- Articles
Too many unanswered questions on the Lifetime Allowance axe are causing disruption for retirees, according to a new report from pension consultants LCP.
Read more...HMRC set to issue revised rules on LTA abolition
- Thursday, 28 March 2024
- Articles
HMRC has said that it intends to issue a second set of regulations changing the legislation governing the lifetime allowance abolition.
Read more...M&G adds LTA transition calculator
- Wednesday, 14 February 2024
- Articles
M&G Wealth has added a new tool help advisers calculate whether their clients could benefits from a Transitional Tax-Free Amount Certificate ahead of the abolition of the Lifetime Allowance (LTA) in April.
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