The abolition of the lifetime allowance (LTA) could ‘remove a burden’ for HM Revenue & Customs (HMRC), will have ‘knock-on’ consequences and may see some “rowing back” as the structure is dismantled, pension lawyers say.
Arc Pensions Law managing partner Rosalind Connor explained that while the chancellor announced the abolition of the LTA in his budget, in practice he was getting rid of any LTA charges - the tax f...
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