Reminder of deadline for certain Lifetime Allowance protections
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Employee pension notice - Lifetime Allowance (LTA) was abolished from April 2024 and replaced with two new allowances, Lump Sum Allowance (LSA) and Lump Sum and Death Benefit Allowance (LSDBA). Certain LTA protections continue to protect the new allowance limits, however you are reminded that there is a deadline to apply for these if you wish to do so.