Family & Matrimonial
How the abolition of the pension lifetime allowance impacts divorce
21/03/2023The Spring Budget announcement about the abolition of the pension lifetime allowance could have major implications for high-net-worth individuals who are going through divorce. The pension lifetime allowance (LTA) set a limit on the total tax-relieved pension savings a person can have over their lifetime. Once the allowance (just over £1 million) is reached an […]
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