On the go: Chancellor Rishi Sunak was reportedly planning to freeze the lifetime allowance for the rest of the current parliament, according to a report in the Times — a move that could see public ...
Pension savers risk losing thousands of pounds of tax-free cash due to lifetime allowance reforms that came into effect in April. Savers typically receive 25% of their pension pot tax-free, but this ...
Ahead of the Budget announcement, Trafalgar House’s Karla Bradstock explores the current state of play with the lifetime allowance. Last year’s autumn statement confirmed that the lifetime allowance ...
The pension lifetime allowance has been scrapped in a surprise announcement by the chancellor Jeremy Hunt. As part of the Spring Budget, Hunt also hiked the £40,000 pension annual allowance to £60,000 ...
Hundreds of NHS staff are still being caught out by charges on their pensions, despite the removal of a cap that limited the amount that could be amassed tax free in retirement savings. In April 2024, ...
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