Looking into the Pensions Lifetime Allowance?

Since 6 April 2006 the government has restricted the tax-breaks on pensions by applying a ‘lifetime allowance’ (LTA). If the combined value of your pensions exceeds this allowance you could face tax charges you weren’t anticipating. The Lifetime allowance is the total amount that you can build up in pension benefits over your lifetime that will enjoy full tax benefits. If you go over the allowance you will generally pay a Lifetime Allowance Charge on the excess when you take a lump sum or income from your pension pot, transfer overseas or reach age 75.

Getting FCA regulated advice on this can be of great benefit to your retirement options. 

  • Find out about the Lifetime Allowance

    A financial advisor can help explain the lifetime allowance and how it affect your circumstance

  • Will my pensions exceed the lifetime allowance?

    A financial advisor can help you with this, apply now to qualify for a no obligation telephone, zoom or in person consultation

  • Will I pay a 55% tax charge?

    The overall cap on pension savings could catch out those with a modest income, apply now for a no obligation telephone, zoom or in person consultation

  • Initial No obligation call from FCA regulated company

    Qualify for an initial no obligation phone consultation from an FCA regulated financial advisor.

Our Process
1

You Search

Enter your details & start the search for an FCA registered financial advisor.

2

We Locate

We search our database for FCA regulated advisors

3

We Introduce

We match you with a financial advisor who will provide you will an initial no obligation telephone consultation

Some Pension Companies