lifetime allowance Archives - PX Pension Exchange

01 Nov UK Autumn Budget 2018

Posted at 10:28h in Blog

The UK Autumn budget was presented by Philip Hammond on the 29th of October 2018. In a welcome change, there were no significant announcements that directly impacted on the structure of pensions in the UK for UK nationals or UK emigrants. The main items of note relating...

09 Mar QROPS Transfer Tax Introduced. Spring budget 2017.

Posted at 19:36h in Blog

The UK Spring Budget introduced yesterday by Phillip Hammond, has outlined significant changes to the QROPS market. The main changes were unexpected and need to be carefully considered by those with UK pensions who plan to emigrate, or have moved to live abroad and wish...

15 Jan Change to UK interest rates on the horizon??

Posted at 10:01h in Blog

A combination of positive comments from the Governor of the Bank of England, Mark Carney, and a recent uptick in UK inflation has led to extra speculation in the UK that interest rates may rise sooner than later. This is set to have an impact...

20 Dec Australian Superannuation Changes Confirmed

Posted at 10:09h in Blog

The Australian Government has now finalised some of the changes introduced in the May 2016 Australian budget. These include the following: - The work test will remain for over 65s in order to make non-concessional contributions into Australian superannuation; - The non-concessional contribution limit to be reduced from...

24 Apr Impact of the UK’s reduced lifetime pension allowance as an emigrant

Posted at 13:10h in Blog

Don’t let the reduced UK Lifetime Allowance catch you out as a UK emigrant or expat. The UK Lifetime Allowance (‘LTA’) puts a cap on the amount of pension benefits which can be drawn from a UK pension scheme over your lifetime without triggering an additional...