We’ve created a series of documents and Briefing Notes on the Lifetime Allowance and Annual Allowance changes to help you, or your financial advisor understand the changes. They are:-

• Annual Allowance- Factsheet to accompany the 2023/24 Pension Saving Statement (PDF, 112 KB) (This link opens in a new window)
• Remedial Pension Savings Statement factsheet (PDF, 117 KB) (This link opens in a new window)
• Briefing Note 3 - Basic information - Annual Allowance (PDF, 127 KB) (This link opens in a new window)
• Briefing Note 4a – Scheme Pays Elections from September 2017 (PDF, 153 KB) (This link opens in a new window)
• Briefing Note 4b - Voluntary Scheme Pays Elections – a detailed guide (including worked examples) (PDF, 179 KB) (This link opens in a new window)
• Briefing Note 7- Trivial Commutation Lump Sum (PDF, 68 KB) (This link opens in a new window)
• Briefing Note 8- Small Lump Sums (PDF, 70 KB) (This link opens in a new window)
• Trivial Commutation and Small Lump Sums table (PDF, 89 KB) (This link opens in a new window)
• Important Information - Allowing Voluntary Scheme Pays (PDF, 126 KB) (This link opens in a new window)