There are no limitations on the number or type of pension plans you can contribute to. So, for example you may have a SIPP even if you are in an occupational scheme.
You will receive tax relief on yearly contributions up to:
£3,600 gross if you are a Relevant UK Individual* (even if you have no earnings) or
100% of your UK earnings, whichever is greater.
* In simple terms, you are a ‘Relevant UK Individual’ if you are a UK resident or your earnings are subject to UK income tax.
'Worldwide Financial Planning Ltd are authorised and regulated by the Financial Services Authority. Worldwide is entered on the FSA register www.fsa.gov.uk/register/ under reference 440668
Registered office; The Old Carriage Works, Moresk Road, Truro, Cornwall, TR1 1DG. Registered in England and Wales No. 3533548. Contact info@wwfp.net or 01872 222 422
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