lifetime allowance Archives - EvolveMyRetirement

The LTA Bogeyman

Editor’s note: In the budget on 15th March 2023, the Pension Lifetime Allowance (LTA) was abolished. It’s fair to say that the Pension Lifetime Allowance, or LTA for short, is unpopular with pension savers. It’s complex and it deters us

Editor’s note: In the budget on 15th March 2023, the Pension Lifetime Allowance (LTA) was abolished. You’re probably aware of the pension lifetime allowance, or LTA. It’s the maximum value of pension benefits you can build up over your lifetime