Pension schemes newsletter 155 ― January 2024
Newsletter 155, published by HMRC in January 2024 to update stakeholders on the latest news for pension schemes.
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This newsletter is published by HMRC’s Pension Schemes Services to update stakeholders on the latest news for pension schemes.
Pension schemes newsletter 155 has articles on:
- lifetime allowance (LTA) abolition ― legislative changes
- relief at source
- pension flexibility statistics
- retained firefighters
- Government Gateway ― enrolment recovery
- Managing pension schemes service
Last updated 7 February 2024 + show all updates
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Question 8 within the lifetime allowance (LTA) frequently asked questions has been updated to correct a factual error and reflect that we will not be legislating to amend (and limit) which pension schemes individuals can apply to for a transitional tax-free amount certificate. We expect applications to be made to the scheme from which the first lump sum is paid after 6 April 2024, but it will remain the case that they can apply to any scheme of which they are a member.
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First published.