Become a client
Click here to find out more
Contact us
Click here to find out more
Pensions
| Basic state pensions | 2008-2009 | 2007-2008 |
|---|---|---|
| Single person per year | £4,716.40 | £4,539.60 |
| Dependant's addition per year | £2,826.20 | £2,719.60 |
| Married couple total per year | £7,542.60 | £7,259.20 |
| Personal pensions | 2007-2008 | 2008-2009 | 2009-2010 | 2010-2011 |
|---|---|---|---|---|
| Annual Allowance | £225,000 | £235,000 | £245,000 | £255,000 |
| Lifetime Allowance | £1.6m | £1.65m | £1.75m | £1.8m |
Notes
An individual can contribute the lower of the allowance or relevant income.
An individual without relevant income can contribute up to £3,600.
If the Lifetime Allowance is exceeded it may be possible to register for Primary or Enhanced protection. The election will need to be made by 5 April 2009.
