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12 December 2018

Pension Lifetime Allowance to increase to £1,055,000

The Pension Lifetime Allowance will increase to £1,055,000 from the 6th of April next year it has been announced.

Clients with large pension pots, even if they have not yet exceeded the allowance, should review their pension planning strategy to see if the impact of this charge can be protected or potentially mitigated against.

If this affects you or your family or clients contact colin.watson@lsnifa.com to discuss your situation.



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