For many of us the reduction from next April of the Lifetime Pension Allowance from £1,250,000 to £1,000,000 may not be of concern. However, there will be those who are not really big earners who may need to look at how this might affect them. For example, a person who has been in a salary-based pension scheme and has built up a pension entitlement of £50,000 per annum or more, may need to take some actions regarding this. If you think you may be affected, do contact your pension provider or ourselves for assistance.
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