Colin Batchelor, head of pensions technical at Legal & General Savings, explains how to protect your clients' pension pots from the upcoming lifetime allowance (LTA) reduction.
Without protection the taxman could end up getting up to £165,000 extra from an individual’s pension fund unless action is taken now. On 6 April 2012, the lifetime allowance (LTA) will be reduced by...
Reasons to be cheerful
Total investment reaches £9m
Medium to long-term capital growth