Utilising Pension Protection to Safeguard Against Lifetime Allowance Tax Charges
Introduction to Pension Protection and the Lifetime AllowanceThe concept of the Lifetime Allowance (LTA) is central to the UK pension landscape, serving as a cap on the amount of pension savings an individual can accrue without incurring additional tax charges. Introduced by HM Revenue & Customs (HMRC), the LTA was designed to promote fairness in…





