Could Your Pension be hit by the new Lifetime Allowance?
Posted: 4th Mar 2016 by Nick Lawson Pensions, Wealth Management
Lifetime Allowance – Will your pension be hit? From April 2016 the government has restricted the tax-breaks on pensions by reducing the ‘Lifetime Allowance’ (LTA). If the combined value of your pensions exceeds this allowance you could face additional tax charges. Read on to find out: if you are affected how to calculate the… Read more
