Advisers warned April LTA changes are 'far from simple'

AJ Bell to establish a technical hub for advisers to use in the lead up.

Sahar Nazir
clock • 1 min read

Upcoming changes to the lifetime allowance (LTA) will be a complex challenge for advisers to manage, AJ Bell says.

The comments come as the investment firm announces the launch of a new technical hub for advisers today (22 February) ahead of 6 April. The abolition brings with it a range of supporting legislation, including three new allowances - the lump sum allowance (LSA), the lump sum and death benefits allowance (LSDBA) and the overseas transfer allowance (OTA). AJ Bell said its technical hub will track regulatory and legislative updates, as well as provide other technical content including guides and events. Product director Mark Rendle said: "The new pension rules are far from simple, and...

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