Can I have a state pension and contribute to a private pension?
Yes, having a private pension doesn’t stop you receiving any state pension you are eligible for.
Pension FAQ's
Questions on your pension or how you can be making the most of it? We have all the answers here!
What happens to any remaining pension funds when I pass away?
If you pass away your pension funds will be transferred to any financial dependants or the beneficiaries of your estate.Can I consolidate all my different pensions into one scheme?
Yes, though it may require you to give up certain guarantees.Can I make pension contributions through my limited company?
Yes, in fact it is one of the most tax efficient options available, if you are not IR35 captured.When can I start withdrawing money from my limited company pension?
Under current legislation, the earliest age you can draw a private pension is 55, however, this may change to 57 in the future, although there hasn’t been any legislation currently put in place.What’s the smallest amount I can contribute to my pension each month?
The smallest pension contribution you can make is £1 per month.How do I make a pension contribution as a contractor?
Contractors can make pension contributions in a range of ways, the most tax efficient being employer pension contributions made through their limited company (if they are not IR 35 captured).How do I make a pension contribution as a contractor?
Contractors can make pension contributions in a range of ways, the most tax efficient being employer pension contributions made through their limited company.What is the difference between Limited Company Contributions and Umbrella Salary Sacrifice Pension contributions?
Limited company pension contributions can change depending on how well your company is doing. Umbrella salary sacrifice pension contributions are set by HMRCCan my limited company start a pension scheme?
Yes, your limited company can start its own pension scheme at any time.
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