Starting a pension at the age of 51!!!

xylophone

You and your spouse have obtained a new state pension statement?

https://www.gov.uk/check-state-pension

https://www.pensionbee.com/pensions-explained/pension-contributions/contributing-to-your-pension-from-your-limited-company?ast=93J6ld may be worth a read for information.

robber2

As a Company Director he would do well to look into the company contributing to a Directors Pension. Theres no Corporation Tax to be paid on these funds. I'd suggest this should form part of your partners Pension plans and taxation management.



Rob

Albermarle

You should also keep in mind that normally it is OK to make extra contributions to your own workplace pension . Often workplace pensions have lower charges than one you set up yourself.
Although they are called workplace pensions usually you can have direct contact with the pension provider yourself as they are not directly linked to your employer.
However before you actually do anything you should learn some more about pensions:
https://www.moneyadviceservice.org.uk/en/categories/pensions-and-retirement
https://www.pensionsadvisoryservice.org.uk/