Finance Act 2013: pensions provisions | Practical Law

Finance Act 2013: pensions provisions | Practical Law

This note examines the provisions in the Finance Act 2013 that relate to occupational and personal pensions. Among other things, the Act reduced the annual and lifetime allowances for pension saving from the 2014/15 tax year and introduced transitional protection (known as fixed protection 2014) for individuals affected by the reduction in the lifetime allowance.

Finance Act 2013: pensions provisions

Practical Law UK Practice Note 3-522-3744 (Approx. 14 pages)

Finance Act 2013: pensions provisions

by Practical Law Pensions
Law stated as at 06 Apr 2015
This note examines the provisions in the Finance Act 2013 that relate to occupational and personal pensions. Among other things, the Act reduced the annual and lifetime allowances for pension saving from the 2014/15 tax year and introduced transitional protection (known as fixed protection 2014) for individuals affected by the reduction in the lifetime allowance.