May 3, 2024 · The tax-free limit was previously 25 per cent of the LTA. But this has subsequently been capped at £268,275 (the new lump sum allowance). It ...

2 days ago · Those with the right to take out bigger lump sums could be caught by the new caps because of the way the law was drafted. Alasdair Mayes, ...

Oct 5, 2023 · However, the maximum tax-free sum will be £268,275, except where protections apply, which may be a bit trickier to regulate when it's not drawn ...

Feb 9, 2024 · Snap election leaves savers with big pension pots and tax-free protection in limbo ... Pension savers warned of new tax-free lump sum cap.

Dec 14, 2023 · Pension savers warned of new tax-free lump sum cap · Commuters walk ... UK pension rules risk 'finishing off' remaining defined-benefit plans, MPs ...