Home Office Factsheet on Changes to Lifetime Allowance

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Changes to Lifetime Allowance

Factsheet provided by the Home Office Police Pensions’ Unit

Further to the Chancellor’s announcement that LTA would be reduced from £1.25m to £1.0m with effect from 6th April 2016, the Home Office has produced a factsheet which can be accessed here Lifetime Allowance Factsheet – Public.

HMRC has yet to announce details of the protection arrangements that will be put in place for those members who have already exceeded the new lower limit.