In Brief: Will you make the right decisions around your pension pot?
Tuesday, 10 October 2023
Why defined contribution pensions are even more appealing for wealth transfer
The announcement of the removal of the Lifetime Allowance (LTA) from the 2024/25 tax year in March’s Spring Budget 2023 has made defined contribution pensions even more appealing for wealth transfer. This benefits individuals over 55 who intend to leave their tax-free lump sum intact with their pension to maximise their benefits.
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change. Always remember when investing, past performance is not necessarily a guide to future performance and
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