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Spring Budget 2023: Pensions lifetime allowance scrapped

Employee Benefits

Spring Budget 2023: Chancellor of the Exchequer Jeremy Hunt announced in his Budget statement today (15 March 2023) that government will abolish the lifetime allowance for pensions. This will be effective from April 2023.

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How will the Spring Budget 2023 impact pay, pensions and benefits?

Employee Benefits

Spring Budget 2023: Chancellor of the Exchequer Jeremy Hunt delivered his Spring Budget speech in the House of Commons on Wednesday 15 March. It included a number of key announcements that could impact employees’ pay , pensions and benefits. appeared first on Employee Benefits.

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The top 10 most-read articles between 10 – 16 March 2023

Employee Benefits

The top 10 most-read articles on www.employeebenefits.co.uk The top 10 most-read articles on www.employeebenefits.co.uk

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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.

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