pension in bankruptcy

davey9998

if you go bankrupt but have a stakeholder pension with say £20,000 in what would happen to the pension? Am i right in thinking they couldn't touch the pension?

is it any different if its a occupational scheme or personal pension?

EdInvestor

davey9998 wrote: »

if you go bankrupt but have a stakeholder pension with say £20,000 in what would happen to the pension? Am i right in thinking they couldn't touch the pension?

Yes.Though this might not apply if a large sum was put into a pension shortly before a person went bankrupt.

is it any different if its a occupational scheme or personal pension?

No.