Earlier this year, it was announced that the Lifetime Allowance (LTA) will be abolished. However, if a change of government occurs, it is possible that some form of the LTA could be reintroduced. If this were to happen, it is unclear what the new LTA would entail and who would be impacted by it.

Our latest paper takes a deep dive into the LTA regime as it existed before April 6, 2023, and the two-stage process that will lead to its abolition. We also explore the challenges a future government may face if they attempt to reintroduce the LTA and what it could mean for savers.