In these extraordinary times the increase to the Lifetime Allowance (LTA) in line with CPI to £1,073,100 went largely under the radar

At the same time, retirement savings have been dented by falling markets on the back of the pandemic. Taken together, this may prove a catalyst for some clients to bolster their retirement savings by increasing or recommencing pension contributions, or indeed look to alternative homes for their retirement savings.

Read our insight in which we consider:

  • why pensions may still be the best home for new retirement savings, despite the possibility of an LTA charge
  • the value of employer contributions
  • how the alternatives of saving into ISAs, bonds and OEICs compare

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