Lifetime Allowance for Pensions what is it ?

[gzoom]

Wasit not £1.5m and many drs esp with generous pensions where retiring early because the pension taxes were making it not economic to keep working.
However the rules gave been changed I believe. Which is so fortunate for me!!! 😉😉😉

It was a combination of the £1 million sum (which even at 41 my NHS ERS record says I'm well on track of exceeding very soon). Plus the annual limit of £40K tax free growth. Both rules are now relaxed I believe. It was always a nice problem to have, and now its no longer a problem.