Pension allowances have changed. What's the impact on your retirement?

March’s budget announcement saw the most radical changes to pensions since April 2006, with the abolition of the Lifetime Allowance and increases to pension annual allowances.

In this recording, our experts will discuss the implications of these changes:

1. The abolition to the Lifetime Allowance and what this means to your retirement benefits
2. The retention of the maximum pension commencement lump sum (PCLS) at £268,275
3. How previously secured Lifetime Allowance protection could enable you to receive a higher amount of PCLS
4. The increase to the Annual Allowance and carry forward
5. The increase to the Money Purchase Annual Allowance
6. Changes to the Tapered Annual Allowance and the increase to adjusted income

They also consider how these changes might impact upon your retirement plans and the benefits you can receive.



Roy Smith Financial planning

Roy Smith

Financial planning

Roy has been a financial planner since 1996. He holds Chartered status and is a Fellow of The Personal Finance Society. Roy enjoys the variety of clients and their objectives which he comes across on a daily basis and is proud of the role he plays in helping them come to life.

Gary Smith
Director, Financial Planning

Gary Smith

Gary is a Chartered Financial Planner and has been helping clients meet their financial objectives for over 20 years. He is a pension expert and is regularly quoted in the national press on such matters. Gary also deals with business owners, enabling him to provide both personal and business-related advice.


The value of investments, and the income from them, may go down as well as up and investors may not get back the amount originally invested.

Time & Location

10:00 - 11:00 GMT

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