REDUCTION IN THE LIFETIME ALLOWANCE: FIXED & INDIVIDUAL PROTECTION 2016

February 18, 2016Posted in NewsWritten by opusgold

TRANSITIONAL PROTECTION Synopsis: Detailed provision for Fixed & Individual Protection published. In line with the publication of the draft clauses of the Finance Bill 2016 the government has published detailed provision on the reduction of the Lifetime Allowance and the 2 new layers of transitional protection. The reduction in the lifetime allowance affects those who could have pension wealth […]

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