I have a new PAYE role and a new NEST pension via my employment agency. I put a weekly employee contribution into this in order for the employment agency to make their contribution. In any given tax yeah, I’d like to continue contributing to my existing personal pension alongside this. Does anybody know if this is allowed? Thanks.
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Would it be possible to try come off the PAYE you are on and go via a brolly that will pay in to any pension you want? Or at least allow you to make unlimited payments to the pension they chose?'CUK forum personality of 2011 - Winner - Yes really!!!!
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Can’t come off the PAYE unfortunately.Comment
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It should be ok, but depends on type of pension.Originally posted by aligning2020 View Post
If it is a group monetary plan, you cannot contribute to both. See: Can I have two pensions? | This is Money
It sounds like these are two personal/group pension plans, so should be ok.Comment
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I saw that but it's the one and only link I could find that mentions it. Every other one says fine but not exceeding limits. I think that's probably a very poor answer.Originally posted by Paralytic View Post
*cough* It's also 20 years old *cough*'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View Post
I guess these might not exist any more then
A better link, that confirms there should be no issue:
Personal Pensions - The Pensions Advisory Service
There are no restrictions on the number of different pension schemes that you can belong to, although there are limits on the total amounts that can be contributed across all schemes each year, if you're to receive tax relief on contributions.Comment
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