Tax relief

The maximum pension which can be purchased while staying within the tax relief limits of HM Revenue & Customs (HMRC) has been slashed by two thirds in the last decade, according to a new policy...
The maximum pension which can be purchased while staying within HMRC tax relief limits has been slashed by two thirds in the last decade, according to a new Policy Paper by Royal London. The report...
HMRC has published details on the take up of protections against a fall in the Lifetime Allowance (available here).  17,453 applications have been received since launch of the online service on 28...
The Lifetime Allowance has been a thorn in many people's sides for a long time now, especially now that HMRC confirmed the tax revenues raised from those who breached it for 2015/16 rose 62% from the...
Retirement is firmly on people's minds, according to research from Legal & General Investment Management (LGIM). The research, released today to mark Pension Awareness Day, finds the biggest...
David Revell, Equiniti, looks back on ten years of “simplification” and the multiple alterations made to the annual allowance
Jonathan Sharp and Alasdair Friend, Baker & McKenzie, consider the legal issues for employers of the forthcoming restrictions on pension savings for high earners  
The pension ISA tax relief reform currently being considered by government could lower savings by around a sixth, as shown by ABI calculations based on estimates by independent economists. Based on...
Radical changes to pension schemes being introduced by the government could leave high earners with unexpected tax bills, warns Secondsight, the employee benefits arm of Foster Denovo. From 6 April...
Fidelity International has launched a lifetime allowance guide in response to growing customer demand. With the lifetime allowance set to fall from £1.25m to £1m in April 2016, customer calls grew...