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PIMFA welcomes abolition of pensions lifetime allowance

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PIMFA has welcomed the Chancellor’s announcement in the Budget on(15 March 2023) of the abolition of the personal pensions lifetime allowance and the increase to the annual allowance to £60,000. Simon Harrington, Head of Public Affairs at PIMFA, commented: “PIMFA is committed to building a culture of saving and investment…

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