The pension lifetime allowance has been scrapped in a surprise announcement by the chancellor Jeremy Hunt. As part of the Spring Budget, Hunt also hiked the £40,000 pension annual allowance to £60,000 ...

Ahead of the Budget announcement, Trafalgar House’s Karla Bradstock explores the current state of play with the lifetime allowance. Last year’s autumn statement confirmed that the lifetime allowance ...

It’s a nice problem to have, but growing numbers of savers are running into the pensions lifetime allowance – a lifetime limit on the size your pension pot can grow to before being taxed (rather than ...

I retired in 2020 at the age of 60 and took what I understood at the time to be the maximum 25 per cent tax-free cash from two different pension schemes. At the time, everything was handled correctly.