The lifetime allowance (LTA) is becoming less generous to pension savers despite it rising to £1,073m from April next year, providers have said.
Latest data from the Office for National Statistics today (16 October) confirmed the Consumer Prices Index rate of inflation for September last year, to which the LTA is pegged, was 1.7%. This means...
Put back to April 2021
DC schemes feeling the pinch
Taxes will have to increase after the March Budget if the government plans to honour the spending plans in outlined last year, the Institute for Fiscal Studies (IFS) has warned.
Failed 17 February
For the first time in a quite a while we have a certain degree of political certainty, writes Jack Rose. And, with that clarity, perhaps a clearer picture of the road ahead…
Five launched last year
Focus on rebuilding business not FSCS levy
The Contrarian View
US labour market key to recovery following Covid-19 impact