Latest News: Lifetime Allowance

The latest news and views covering the Teachers Pensions, the Teachers AVC and general Financial Planning news.

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The Abolition of the Lifetime Allowance in 2024: A Short Guide

05/02/2024 Gemma Trantum

In the Spring Budget of 2023, it was announced that the Lifetime Allowance (LTA) would be abolished. This would remove one of the barriers to building up large pension pots, and in particular, w[...]

The rules of intestacy

08/07/2019 Racheal Smith

What is intestacy? When someone dies without a legal will, it is known as dying intestate. Without legally valid guidance from the deceased, solicitors will distribute the estate following a set of[...]

Could you support your retirement income by drawing on the equity in y...

17/06/2019 Racheal Smith

SAGE Personal Finance researched retirement and equity in homes. Investigating people's approach to retirement planning, SAGA found that 40% discovered their pension fund was not as big as they had [...]

Cashing in but losing out?

17/03/2019 Racheal Smith

The Financial Conduct Authority (FCA) has issued a stark warning to pensioners. They claim that savers could be missing out on their retirement income when they choose to access pension freedoms. Th[...]

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