Lifetime Allowance

Fixed Income | 10 Mar 16

Providers expecting the reduced lifetime allowance (LTA) to spur offshore bond sales to UK residents are guilty of “wishful thinking” according to a number of distributors, who are failing to see any increase in appetite.

Tax & Regulation | 29 Feb 16

The amount of tax the UK government collects from pension savers who have breached their lifetime allowance (LTA) has almost quadrupled since George Osborne became chancellor, The Sunday Times reported.

Retirement | 24 Feb 16

The forthcoming changes to pension tax relief have led to an uptick in venture capital trust (VCT) business for three-quarters of VCT managers.

Retirement | 25 Jan 16

Fidelity International has launched a lifetime allowance (LTA) guide aimed at a growing number of people who have built up significant assets in their pension plans, and face the UK’s LTA falling from £1.25m to £1m in April 2016.

Investment | 11 Jan 16

Calls from customers on changes to the lifetime tax allowance (LTA) increased fourfold in the second half of 2015, according to Fidelity International (FI), as consumers start to take action ahead of the April deadline.