020 7608 4900
Contact us
Adviser Update

ONE-OFF PENSION LIFETIME ALLOWANCE STATEMENTS

TOL contains details of all client benefit crystallisation events (BCEs) in Transact pension schemes. For most drawdown clients, we also include these details as part of the investor’s Annual Report. Regulations removing the lifetime allowance now require us to issue a ‘one-off’ statement to clients who have previously only taken an uncrystallised funds pension lump sum, and also individuals aged over 75. As per regulatory requirements, the statement will include the percentage of lifetime allowance used in relation to Transact pensions at 5 April 2024. We expect to issue this statement around the middle of March.

 

1. Introduction
2. TOL Recent Enhancements 
3. Smart Search To Help With AML
4. One-Off Pension Lifetime Allowance Statements
5. Integrations Make Transfers Complete Sooner
6. Rising Appeal Of Bonds On Transact
7. Transact – BlackRock: March 2025
8. A Study In Gifting: ‘Periodic Issues’
9. Getting The Most Out Of A Lifetime ISA
10. Maximising Investment Bond Flexibility And The Advantage Of Higher Segmentation
11. Interest On Cash
12. Transact Events 2025

 

 

This website is designed to be used by financial advisers, their clients and professionals. It is intended as general guidance only and should not be viewed as a recommendation to use or rely on any features mentioned. The information is not advice, nor is it a substitute for advice.
Contact Information
  • 29 Clement's Lane, London EC4N 7AE
  • 020 7608 4900
  • Find us on social media
Quick Links
Our Other Sites

© 2025 Integrated Financial Arrangements Ltd
"Transact" is operated by Integrated Financial Arrangements Ltd. 29 Clement's Lane, London EC4N 7AE. Tel: 020 7608 4900 Fax: 020 7608 5300. (Registered office: as above; Registered in England and Wales under number: 3727592). Authorised and regulated by the Financial Conduct Authority (entered on the Financial Services Register; no. 190856).