2 articles tagged with Lifetime Allowance.
The Lump Sum and Death Benefit Allowance (LSDBA) is £1,073,100 in 2026/27. Here's how it replaced the pension lifetime allowance for death benefits, and what's taxed above it.
The pension lifetime allowance was scrapped from April 2024, removing the 55% tax charge on large pension pots. Here is what replaced it and what it means for you.