LTA | Ross Naylor

The Removal of the UK Pension Lifetime Allowance: What Does It Mean for Expats?

In the Spring Budget of 2023, the UK Chancellor of the Exchequer, Jeremy Hunt, announced that the pension Lifetime Allowance would be scrapped. This decision was totally unexpected and has significant implications both for pension savers in the UK and those of us who live overseas and retain UK pensions.

Should I accept a Pension Increase Exchange? The pros and cons of PIE offers

With many of the UK’s biggest private-sector employers struggling with pension deficits, growing numbers have approached their workforces with pension increase exchange offers. These proposals, also known as PIE offers, are deals to buy out some of the inflation proofing on your future pensions, in exchange for a bigger starting, but flat, income.