Pension Lifetime Allowance� The lifetime allowance (LTA) is the limit on how much you can build up in pension benefits over your lifetime while still receiving full tax benefits. The LTA is currently set at �1,073,100; if your pension pots go over the allowance, you�ll usually pay a charge.� Now the compensation cap is being removed; some members may be liable to pay a lifetime allowance charge on their PPF benefits.�
The Modern Slavery Act came into effect in March 2015. As one way of tackling the problem of modern slavery, the act requires that all commercial organisations, with a turnover of more than 36 million, provide an annual slavery and human trafficking statement. Modern Slavery Statement 2022 Our statement, as required by law, sets out the steps we're taking to make sure that this doesn't happen.
Climate change is one of the biggest issues on the global agenda. One that has the potential to impact businesses, economies and people everywhere. We�re actively looking to manage the impact of climate change and its related risks and opportunities through our investment approach. We're committed to:
We manage environmental, social and governance (ESG) risks to protect and enhance the value of our investments. By acting as a responsible and vigilant asset owner and using our influence as a major institutional investor, we encourage best practice from the top down and bottom-up. We believe it's vital we demonstrate a robust and effective approach to RI, and we see the integration of material ESG issues as an essential part of the investment process.
In this blog, our Chief Customer Officer, Sara Protheroe, shares some of the ways that we're making excellent customer service accessible to members with specific needs.
In this blog, Amina Mimi, our Sustainability Analyst, shares how our sustainability strategy supports the ambitions of seven of the UN's Sustainable Development Goals.
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