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8th April 2024

M&G Wealth: Quite simply – the new pension allowances

It seems like only yesterday the Chancellor stood up in parliament and announced the abolition of the Lifetime Allowance (LTA). From 6 April we’ll be in the new world of Lump Sum Allowance and Lump Sum and Death Benefit Allowance. No need to worry about what you need to do by 6 April as that date will be in the past. Things have gotten simpler.

On this event the M&G Wealth Technical Team will set the complex aside – no pre-2006 pensions, no LTA protections, no Standalone Lump Sums and they’ll also look at the mainstream application of the new allowances for the majority of clients.

What will your clients' allowances be? How are they used up? And what should you look out for?

The session qualifies for up to 90 minutes structured CPD accredited by CII and by the end you'll be able to:

  • Describe how to establish the starting Lump Sum and the Lump Sum and Death Benefit Allowances for your clients

  • Explain how the new allowances are used up

  • Identify the key financial planning considerations for your clients

Register here

Pensions

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