Guidance
Lifetime allowance guidance newsletter — February 2024
Lifetime allowance newsletter published by HMRC in February 2024 to update stakeholders on the latest news for pension schemes.
Documents
Details
This newsletter is published by HMRC’s Pension Schemes Services to update stakeholders on the latest news for pension schemes. The lifetime allowance guidance newsletter covers:
- answers to further frequently asked questions covering:
- lump sums and lump sum death benefits
- reporting requirements
- overseas transfer allowance
- protections and enhancement factors
- transitional arrangements
- information on reporting required by paragraph 130 on the further legislative changes which will be introduced before 6 April 2024
- further information on future communications
Updates to this page
Published 13 February 2024
Last updated 27 February 2024 + show all updates
Last updated 27 February 2024 + show all updates
-
Information has been amended to explain the conditions where event number 24 only applies within the event 24 section.
-
First published.