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.
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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
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Information has been amended to explain the conditions where event number 24 only applies within the event 24 section.
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First published.