Please see below the latest financial update from Blevins Franks.
Please do not hesitate to contact Paul should you have any questions related to this or other financial matters.

The UK’s 2023 budget included the lifetime allowance that the UK pensions lifetime allowance and resulting 25% or 55% tax charges are being abolished.  This was welcome news for those with larger pensions savings, but how long will it last?

Blevins Franks’ budget article looks at the latest pension reforms as well as other tax news from recent budgets:

https://www.blevinsfranks.com/uk-budget-2023-pensions/