Maximum Contributions

Maximum contributions to Personal Pensions remain at £40,000 pa but may be restricted to £10,000 if withdrawals are made from your pension.

If after April 2015 you make any withdrawals from your pension, then any further contributions to your Pension will be restricted to £10,000 per year.

There are exceptions to this restriction but these are complex.

The Pension changes open up a number of financial opportunities in a complex area. To fully take advantage of these, we strongly advise that you seek professional advice from a fully qualified and regulated Independent Financial Advisor. To arrange for a no obligations, initial free telephone consultation click here.