We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Abbey !0% Saver

Dear Guys And Girls I Want To Open One Of These, And Pay £20 Pound Into A Pension With Them, The Thing Is Though I Already Have A Pension, Are You Allowed Two Pensions? Thanks In Advance.

Comments

  • PBA
    PBA Posts: 1,521 Forumite
    You can certainly have 2 pensions, though there are total limits on how much you can put in.
  • thanks i pay £20 pounds a week into my work pension, so thats £1,040 pounds a year but my second pension will be £260 a year so will i be within the limits? thanks in advance.
  • thanks i pay £20 pounds a week into my work pension, so thats £1,040 pounds a year but my second pension will be £260 a year so will i be within the limits? thanks in advance.

    It all depends on how much you earn. Have a look or do a search through the existing threads on the site as there probably would be the answer there as to what percentages etc.
    Gordon Brown ate my hamster
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.