PPRuNe Forums - View Single Post - Lifetime allowance possibly frozen.

26th Feb 2021, 20:41

#3 (permalink)

Party Animal

Join Date: May 2006

Location: UK

Posts: 657

Likes: 56

Received 8 Likes on 4 Posts

What’s the deal here Al in simple terms? Do you only need to worry if 20 x your annual pension plus your lump sum is greater than the ‘just over £1,000,000’ level? I.e, £45k pa plus £100,000 lump sum = ok. £46k pa plus £120,000 = bugger?

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