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lifetime allowance

Displaying items by tag: lifetime allowance

Monday, 20 November 2017 15:16

Most advisers want lifetime allowance axed

Nearly six out of 10 financial advisers want the pensions lifetime allowance abolished, according to a poll of 102 advisers by SIPP provider Momentum.
Published in Articles
This year's AMPS annual conference was a great success with a 120 attendees and a wide and varied range of subject matter covered. As always there were number of topics which will be of interest to advisers.
Published in Comment and Blogs
Albert Einstein once said that "the hardest thing to understand in the world is income tax".
Published in Comment and Blogs
The recent Budget announcement by the Chancellor that he would reduce the Grand Old Duke of Pensions - the lifetime allowance (LTA) - to £1m from 6 April 2016 will mark the eighth change in the LTA since its introduction in 2006 and this excludes personalised LTA afforded by certain forms of protection.
Published in Comment and Blogs
Wednesday, 18 March 2015 14:42

Sipps firm unhappy over lifetime allowance cut

A Sipps administrator has expressed disappointment that the lifetime allowance is to be cut from £1,250,000 to £1m.
Published in Articles
AMPS Conference attendees say that the death of annuities is premature but the lifetime allowance must go. Some 77% of attendees agreed that the lifetime allowance should be abolished.
Published in Articles
Britons are "sleep walking into a tax trap" with widespread ignorance about what the lifetime allowance is, a study has found.
Published in Articles
Tuesday, 14 January 2014 10:57

Pensions firm issues fixed protection warning

Pension members could be throwing their money away by leaving schemes early due to the reduction in the Lifetime Allowance, an investments firm has warned.
Published in Articles
Towry, a wealth adviser which runs its own in-house Sipp service, has warned that the impending further reduction in the pension lifetime allowance - due next April - will mean that many individuals with a well-funded pension pot will need to consider their options.
Published in Articles
Sipp provider Suffolk Life has called on planners and their clients to consider fixed and individual protection for 2014 as early as possible.
Published in Articles
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