Budget 2009 _ Pension Annual and Lifetime Allowances

Published / Last Updated on 22/04/2009

Budget 2009 - Pension Annual and Lifetime Allowances

The Chancellor confirmed that both the annual allowance and lifetime allowance for pensions will be frozen at 2011/2012 levels until 2015/2016.

The annual allowance in 2011/2012 will be £255,000.

The lifetime allowance in 2011/2012 will be £1,800,000.

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