SWP's back
Well-Known Member
- Joined
- 29 Jun 2009
- Messages
- 88,268
The lifetime allowance is currently £1,073,100 and increasing with inflation. I guarantee you that he’s not over it.may not be an issue, if you can just check your total pension value v the pension lifetime allowance position. anything over the allowance can be taxed at 55% so could null any tax benefit.