Pension lifetime allowance 101: what is it?

The pension lifetime allowance (LTA) was cut to just £1 million in the March 2015 budget, effective from April 2016. This latest reduction is the third cut in four years – down from a £1.8 million peak in 2011-12. While the pension lifetime allowance is […]

Pension rule changes

Financial planning for retirement. Ageing – the 21st century threat

Perhaps the most important question you can ask yourself today is ‘how prepared financially am I for the future?’ Indeed, a worrying majority of working-age people in the UK are woefully under-prepared when it comes to financial planning for retirement. A situation that can only […]