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Lifetime Allowance Declaration Form

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
markis
Posts: 92
Joined: 14 Feb 2008, 15:04

Lifetime Allowance Declaration Form

Post by markis »

Hi, can anyone help me with understanding and filling the lifetime Allowance Declaration form for my pension. I have received a letter after filling in all my details for my 60 pension saying that I have completed Part B wrong and provide the details in Part E. Also they want actual percentage of Standard LTA.
1617mel
Posts: 172
Joined: 11 Oct 2017, 15:13
Gender: Male

Re: Lifetime Allowance Declaration Form

Post by 1617mel »

OK markis, I failed the lifetime allowance first time round, but if you call the RMPP , they will try to help with this, if you have pensions elsewhere you will have to obtain figures stating the percentage lifetime allowance,sometimes its stated on your annual pension P60 from the pension providor ,so you can enter these in the form, you know unless you are a person
With large pension income it's almost irrelevant, but the rules are the rules good luck .
Gary55
EX ROYAL MAIL
Posts: 338
Joined: 29 Jun 2021, 21:02
Gender: Male
Location: london

Re: Lifetime Allowance Declaration Form

Post by Gary55 »

Most pension advisers have a special calculator. When I rang both the royal mail schemes they told me the percentage immediately. Most other firms would help the same way I know the NHS did
RobertT
EX ROYAL MAIL
Posts: 6644
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Lifetime Allowance Declaration Form

Post by RobertT »

Gary55 wrote:
18 Jul 2023, 16:33
Most pension advisers have a special calculator. When I rang both the royal mail schemes they told me the percentage immediately. Most other firms would help the same way I know the NHS did
A quick Google and I came up with this: https://percentagecalculator.net/
Links to all RM pension related websites are here