Lift Time Allowance
Al R
I too am gobsmacked, but that's probably because I haven't properly grasped what they are saying.
Does this mean that those of us who have retired from the mob and have a LTA of say £750K, could now take some or all of that money as a cash payout, whilst paying a ?% back to the Govt in tax?
Our pension would then be cut in line with the % taken out?
Regards stablelad