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One million pension savers face devastating 55pc tax trap

One million pension savers face devastating 55pc tax trap The lifetime allowance freeze is a penalty on those who invest wisely, industry experts warn The pensions lifetime allowance will be frozen for the next five years  Credit: TMG Huge numbers of pension savers will be hit with higher tax bills after falling victim to the Treasury’s post-pandemic tax raid. The pensions “lifetime allowance” will be frozen for the next five years at its current level – £1,073,100. The real-terms cu...
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Budget 2021: Pensions lifetime allowance frozen for five years

Budget 2021: Pensions lifetime allowance frozen for five years Workers across the country have been scrambling to bolster their finances as the pandemic and three national lockdowns have drained savings. (Getty Images) The pensions lifetime allowance will be frozen at its existing level until April 2026, in a move that effectively decreases its value when inflation is taken into account. The Chancellor today said the lifetime allowance would remain at its current £1,073,100 ...
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Source: cityam.com

Planet Ventures' Subsidiary, 1st11, Announces Equity Investment and Strategic Partnership with Final Level Brazil - Latin America's Number One Gaming and Entertainment Platform - Brazil Business Today

Planet Ventures Inc. (​TSX-V: PXI; OTC: PNXPF; FSE: P6U1​) (“​Planet” ​or the “​Company​”) is pleased to announce that its wholly owned subsidiary, 1st11
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