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About stakeholder pensions

About stakeholder pensions

About stakeholder pensionsAbout stakeholder pensions

How much can be invested in a stakeholder pension?

There is no limit to the amount that can be invested in a stakeholder pension scheme.  However, tax relief can only be otained on contributions up to the level of a person's salary (subject to an annual limit of £215,000 for the tax year 2006/07). It is possible to contribute up to £3,600 per year (including tax relief) into a stakeholder pension scheme even if a person is not earning.

A member of an occupational pension scheme may also contribute to a stakeholder pension scheme.