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The lifetime allowance is reducing to £1m on the 6th April 2016. If your pension pot is sizable it’s a good time to think about the reduction in the lifetime allowance and how this might affect you.The Government has offered detailed provision for those with large pension pots. This …
Read moreHMRC figures show that £2.7 billion has been cashed from pensions by 55 years olds plus since pension rules changed giving access to the funds.That’s 21,600 Lamborghinis in over six months, or 182 Lamborghinis every day, about five an hour based on buying the cheapest model which is …
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