Stop living in fear of the LTA
Millions of savers face punitive tax charges on their pension funds, courtesy of strong global stockmarkets over the past 12 months and a sleight of hand from the chancellor of the exchequer. But while the lifetime allowance (LTA) on pension savings is becoming a headache for more and more people, don’t turn your back on pensions because of it.
The LTA, £1,073,100, targets the amount of
