PPRuNe Forums - View Single Post - Pension.....Win???? Al R maybe help?
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Old 14th Apr 2015, 11:00
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downsizer
 
Join Date: May 2006
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Al

This regards buying extra pension under the '15 scheme. It states the maximum lifetime amount you can add is £6500, set by the government. this can be added monthly from wages or if you wish as a large lump sum.

If I add the £6500 in one tax year, on the pensions calculator, my lump some on exit jumps by circa 12k and my annual incomes rises by 2k per annum....

So essentially for a 6.5k investement, I get 12k back plus an extra 2k a year for life....
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