Pensions Lifetime Allowance Calculator

Current Year's Lifetime Allowance = £ 1,800,000.00

Under Pension Simplification Laws, the maximum you can have in a pension fund is limited to the Lifetime Allowance.

Anything in excess of this is liable to a tax charge. We suggest you obtain the figures for this calculation from your relevant pension statements.

All figures quoted are gross of any tax relief available. Calculations are based upon our understanding of Pension Simplification laws that started on 6 April 2006. These laws are subject to change. This calculator is designed to give you an idea of your position it does not replace expert advice. Always seek advice from us about your pension fund position.

Current Values of Yearly Pension Income and Cash Already Paid (or being paid) to You
Current Values of Pensions Not Being Paid To You Yet

Please ignore all 'Old Age' Basic State Pensions and SERPS/State Second Pension benefits such as 'Protected Rights', GMPs (Guaranteed Minimum Pensions) and Requisite Benefits
 
 
 

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