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qznhln1
New Member



68 Posts
Posted - 16 August 2009 :  20:03:41  Show Profile  Reply with Quote
Pension Contributions

A bankruptcy order has been made against me and I am looking to set-up a new pension scheme through my employer, which has been approved by the HMRC.

Is there any limit to the level of contributions I can make?

debtinfo
forum expert



2826 Posts
Posted - 16 August 2009 :  20:22:00  Show Profile  Reply with Quote
The only restriction is that that you cannot make excessive contributions

What is excessive i hear you cry?

Normally contributions between 3% and 6% would be accepted but best to check with your OR to make sure
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qznhln1
New Member



68 Posts
Posted - 16 August 2009 :  20:55:21  Show Profile  Reply with Quote
Cheers, I obviously wanted to set them as high as possible but didn't want to shoot myself in the foot by showing I had any extra disposable income...
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