Annual and Lifetime Allowance

Annual Allowance

The Annual Allowance is the amount you can pay into a pension fund each year and get tax relief. From 6 April 2016, the Annual Allowance will be tapered from £40,000 for those with earnings of £150,000 or less down to £10,000 for those with income of £210,000 or more. Read more

New State Pension proposals

How will the new changes affect you?

During his Spending Review and Autumn Statement in November last year, George Osborne did not announce any further radical changes to the private pensions system, which was a first for this Parliament. As such. the Treasury has more time to digest the Green Paper consultation from the summer Budget. Read more