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Mark Ormston: Is the scrapping of the lifetime allowance a disappearing act or just an illusion? 

Employee Benefits

The lifetime allowance (LTA) is one of those subjects referenced in lots of pension literature , and yet, it only affects a minority of people. With this in mind, imagine the ‘ooohs’ and ‘ahhhhs’ when one of the rabbits out of the 2023 Spring Budget hat was the announcement to make the LTA disappear.

Pension 59