Home Office Factsheet on Changes to Lifetime Allowance


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.