Originally Posted by
Lima Juliet
I am so glad that I “crystallised’ my AFPS75 when the LTA was £1.8M and I went FTRS. That means I will have a £55k pension combined when I retire and will have had a combined tax free lump sum of £140k - no LTA issues. I knew it would pay off doing my pension homework when the LTA lowering was being rumoured
It may be said that this intended measure is unfair because it penalises those who are saving at the expense of those who have already saved. It creates a lottery.