Reports - Labour ditches plans for LTA carve-out for certain public sector schemes

Scottish Sun says Labour will reintroduce LTA but without exemption for NHS scheme

Professional Pensions
clock • 2 min read
Chancellor Jeremy Hunt announced the abolition of the LTA in his March Budget last year. Photo: Copyright HM Treasury
Image:

Chancellor Jeremy Hunt announced the abolition of the LTA in his March Budget last year. Photo: Copyright HM Treasury

Labour has scrapped plans to create a lifetime allowance (LTA) carve-out for certain public sector pension schemes, reports say.

Chancellor Jeremy Hunt announced the abolition of the LTA in his March Budget, with the limit due to be formally scrapped from April this year - plans the opposition said they would reverse, reintr...

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