The government’s proposal to abolish the Lifetime Allowance has changed how pension commencement lump sums will be calculated from 6 April 2024.

In this short video we look beyond the theory with 4 short case studies covering how the new rules are currently intended to work and drawing out the key information required to complete the jigsaw of the new rules. We would recommend viewing the Pension Commencement Lump Sum video in advance.