Lifetime Allowance
Pension firm sets aside £3m over lifetime allowance failures
It is the ‘group’s best estimate’ of the future HMRC tax penalty
LTA freeze to ‘stealthily drag thousands into the tax net’
As UK Treasury eyes extra £250m a year from the move
UK pensions lifetime allowance set to increase by 0.5%
And government expected to keep triple lock promise with 2.5% rise in 2021/22
UK pension savers to get £18k lifetime allowance boost
Consumer price index was unchanged in September after shock drop in August
UK government urged to review pension allowances
HMRC told to work with schools to improve public’s understanding of tax and finance