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Old 18-05-2011, 13:38   #5
Mr_love_monkey
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Join Date: Jun 2003
Location: London way
Age: 49
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Re: Pension amount question.

Quote:
Originally Posted by Pog66 View Post
You don't generally get taxed on a pension I believe.

Hugh's assumption is based on a final salary or defined benefit type pension - as the employer was a bank I woudl have thought a finakl salary would be in splace for some of the time however it MIGHT have been closed to contributions and changed to a stakeholder or defined contribution type pension.
Depends on how much your income is...

http://www.hmrc.gov.uk/pensioners/pension-company.htm
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