Lta 2024/25. Further regulations to address the technical changes required to complete the work to abolish the lta were laid. From 6 april 2024, the old pension lifetime allowance (lta) that applied when you take benefits from your pension was removed.
From 6 april 2024, where individuals have previously ‘crystallised’ pension benefits for lifetime allowance (lta) purposes, the standard transitional calculation assumes that 25% of any. Between 2006 and 2023, the lifetime allowance was a limit on the amount.
