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- £1,073,100Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.There is a limit on the amount people can build up in pension schemes over their lifetime and still receive tax relief. In 2023/24, the standard lifetime allowance for most people is £1,073,100.commonslibrary.parliament.uk/research-briefings/s…The lifetime allowance for most people is £1,073,100 in the tax year 2023/24.www.moneyhelper.org.uk/en/pensions-and-retirem…
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