Article preview: When is the right time to start thinking about the pensions lifetime allowance? According to new calculations from Quilter, careful consideration should be given to the lifetime allowance once you have a pension pot worth more than £500,000. A combination of factors has made the lifetime allowance, which imposes a tax charge on excess pension savings, a more pressing concern for pension savers.
Pensions Lifetime Allowance planning should start this early
This 442-word blog post considers new calculations into the size of pension pot which should trigger planning around the Lifetime Allowance. Written on 19th April 2021.
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