Keeley Paddon explores the latest HMRC pension newsletter and picks out the salient points all advisers should be aware of...
HM Revenue & Customs (HMRC) released its latest pensions schemes newsletter at the end of June, which is always worth a read. If you haven't got the time to plough through the whole thing I've summarised the key items of interest to advisers below. Lifetime allowance online service In its last newsletter, HMRC explained that the online service for scheme members to apply for protection from the lifetime allowance tax charge will be available from the end of July. The new online service will also allow pension scheme members to view a history of their previous lifetime allowance...
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