The pension lifetime allowance has been scrapped in a surprise announcement by the chancellor Jeremy Hunt. As part of the Spring Budget, Hunt also hiked the £40,000 pension annual allowance to £60,000 ...
It’s a nice problem to have, but growing numbers of savers are running into the pensions lifetime allowance – a lifetime limit on the size your pension pot can grow to before being taxed (rather than ...
On the go: The lifetime allowance should be scrapped as it penalises disciplined savers, the chief executive of PensionBee has said. Speaking at FTAdviser’s Later Life Summit, Romi Savova said there ...
Jeremy Hunt has scrapped the lifetime allowance cap on tax-free pensions savings – which stood at £1m – in a major boost for well-off Britons. Labour said the chancellor’s decision to unveil generous ...
As the third part of his plans to get older people back into work, the chancellor announced plans to abolish the lifetime allowance limit on pensions. Jeremy Hunt told the Commons: “Finally, I have ...
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