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Episode 40 – What changes to pension rules could mean for you

Episode 40 – What changes to pension rules could mean for you

In this episode, Josh Cushion and Paul Thurston discuss the changes to pension rules which came into effect from April 2024 and how this could impact you.

Within their conversation, they cover:

  • the removal of the Lifetime Allowance;
  • the new Lump Sum Allowance and Lump Sum Death Benefit Allowance;
  • how both allowances are tested; 
  • who may need to apply for a Transitional Tax-Free Amount Certificate; and
  • what you may need to consider after these changes to pension rules.

Important information

The contents of this podcast do not constitute financial advice. The impact of taxation (and any tax relief) depends on individual circumstances. This has been prepared based on our current understanding of UK Law, Taxation and HMRC practice, all of which could be subject to change in future. The value of investments can fall as well as rise and it may not always be possible to receive back the sum initially invested. Past performance is not necessarily a guide to future investment returns. This podcast constitutes a financial promotion.

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Episode 40 - What changes to pension rules could mean for you

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