The government has made several changes to the pensions tax relief regime, most recently bringing the annual allowance (AA) from £50,000 to £40,000 and the lifetime allowance (LTA) from £1.5m to £1.25m.
Much of the focus regarding these changes has been on how they will alter attitudes towards individual saving, but schemes themselves have also had to deal with practical problems created by the re...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
