LTA freeze: Rishi Sunak sends 'wrong message' to pension savers

'Under the radar revenue raiser'

Jenna Brown
Sunak sends 'wrong message' to savers with LTA freeze

Sunak sends 'wrong message' to savers with LTA freeze

Rishi Sunak’s decision to freeze the lifetime allowance (LTA) for pension contributions has been widely criticised by pensions experts who say the move sends the “wrong message” to savers.

Sunak confirmed the decision to freeze the LTA, along with capital gains tax, inheritance tax and income tax brackets, in today's Budget speech. The LTA will remain at its current level of £1,073,100...

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