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What is the impact of the pensions lifetime allowance on other associated benefits?

Topic:

Market trends

Date published:

Wednesday, 26 May 2021

In this article for REBA, Ken Potter explains how employers may want to review the way that benefits, such as death in service lump sum cover is provided, particularly for higher earners and what to take into account when considering an excepted group life scheme.

Here’s an example of how the lifetime allowance can easily be exceeded by a higher earner:

Read more in Ken’s REBA article here.

 

 

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