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Pension Help
bawbeesaver
Posts: 8 Forumite
I have an endowment that I used to use for my mortgage - before I got the shortfall letter. I converted to a repayment mortgage but kept paying the endowment as a savings plan.
Can I do something to get pension savings tax relief from this endowment?
Can I do something to get pension savings tax relief from this endowment?
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Comments
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No.It's an endowment, not a pension.
To get pension tax relief you would need to surrender it and reinvest the money in a pension tax wrapper.Trying to keep it simple...
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