Lifetime Allowance

Companies | 14 Nov 22

LTA freeze to put £2bn in Treasury coffers

Consumers are being ‘punished’ for saving into a pension amid high inflationary environment

Companies | 28 Sep 22

Brits hit with £382m bill after breaching lifetime allowance limit

Frozen thresholds mean even more people will have to fork over cash

Companies | 4 Aug 22

Scrap emergency tax on drawdown payments, advisers urge

Lifetime and money purchase annual allowances also under fire

Companies | 24 Mar 22

UK annual and lifetime allowance pension charges soar

Even before thresholds were frozen by the chancellor in 2021

Companies | 1 Feb 22

1,000% rise in LTA tax collected over a decade

Fuelled by ‘continuous cuts’ to allowance threshold