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Lifetime Allowance - The 2016 changes and how they may affect your clients

15.04.2016

On 6th April 2016, the Lifetime Allowance (LTA) for pension savings falls from the current £1.25m to £1m. These notes explain the effect of the latest round of changes on SIPPs and SSASs. Anyone with other types of pension schemes in particular defined benefit schemes should seek separate guidance.

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