LTA

LTA currently £1.03m

‘Promising lead’ or ‘Back to the lab’?

Rate cut signals 'bleak' future for annuities

There were some high hopes for pensions on 6 April 2006

Pensions avoids a bloodbath

Chancellor expected to scrap higher rate tax relief

Current system does not make sense

A quirk in A-Day tax rules means registered group life benefits count towards the lifetime allowance (LTA). Jonathan Stapleton looks at the problems this poses as the LTA falls

More than half of advisers - 55% - believe there will be fewer than 65 self-invested personal pension (SIPP) providers operating in two years' time and 41% think the total could fall to lower than 50, according to Dentons Pension Management.

Taking a hefty tax charge on the chin might be the right decision