Displaying items by tag: LTA
Lisa Webster: A lifetime's wait but a fix is in sight
I have recently returned from nearly two months away from anything to do with pensions (well, aside from deciding I need a bigger fund to spend more time in all the places we visited, once we don’t have the kids in tow!).
Beth Joslyn: Why we need a patient Chancellor
Last year, a whirlwind of change hit the pensions industry as schemes and advisers raced to prepare for the removal of the lifetime allowance, while HMRC staff scratched their heads over exactly how it could be done before the end of tax year deadline, writes Beth Joslyn, of AJ Bell (standing in for Lisa Webster who is on holiday).
Charlene Horton: How pensions can fund charitable giving
Following the changes introduced in the 2023 Budget, there has been some focus on how the death benefit rules might change.
Record LTA charges could see it being reinstated
New figures from HMRC have revealed that pensions lifetime allowance (LTA) penalty charges added a record £516m to the Treasury’s coffers in 2022-23, the last full year before it was abolished in April this year.
Lisa Webster: Tricky transition for pre A-day pensions
As a much-changed Parliament gets up and running, we pension techies eagerly await the long overdue regulations to correct the drafting errors in this year’s Finance Act.
Lisa Webster: LTA debate put to bed - for now
The recent news that Labour has ditched plans to re-instate the lifetime allowance is certainly welcome.
Labour may abandon reintroduction of LTA - reports
The Labour Party may abandon its pledge to reinstate the lifetime pensions allowance (LTA), according to a report in the FT.
James Jones-Tinsley: LTA axe – an ‘Unfinished Symphony?’
We’re now in the new tax year and the Lifetime Allowance has officially been abolished – well, for now at least.
James Jones-Tinsley: LTA priorities need sorting
The government must get its pension priorities right, as the lifetime allowance (LTGA) abolition draws nearer, writes James Jones-Tinsley of Barnett Waddingham.
Govt presses ahead with LTA abolition despite concerns
The Government has issued a new Financial Bill which includes the legal mechanism for the abolition of the pensions Lifetime Allowance (LTA).