Pensions

February HMRC newsletter gave LTA update ahead of 6 April abolition

‘Contingency plan’ to replace Rowanmoor Trustees in place

Paul Maynard believes programme will ‘fundamentally change’ retirement

Comes after it did not fulfil its duties as a trustee of a SSAS scheme

Wage growth results in extra £3bn in contributions

Lifetime allowance will be removed from 6 April

April marks the end of the lifetime allowance era

To meet the Consumer Duty foreseeable harm regulation

Part of party’s plans to ‘reinvigorate’ UK’s capital markets

Platform wants independent long-term savings commission