LTA abolition: What do schemes need to know?

Communication, member protections and transfers just some of the aspects to prioritise

Jasmine Urquhart
clock • 6 min read
Chancellor Jeremy Hunt announced the abolition of the LTA in last year's Spring Budget. Not it has come into force, what are the next steps schemes should take? Credit: UK Parliament
Image:

Chancellor Jeremy Hunt announced the abolition of the LTA in last year's Spring Budget. Not it has come into force, what are the next steps schemes should take? Credit: UK Parliament

Jasmine Urquhart asks the industry where to start now the LTA has been abolished, and the most important things to focus on.

The abolition of the lifetime allowance (LTA) finally came into force last week (6 April) after a year of preparation, anticipation and work from schemes. Last week's change followed numerous pi...

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