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 bankruptcy postbag for july
 pension
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Maz
Junior Member

United Kingdom
239 Posts

Posted - 16 November 2008 :  19:19:45  Show Profile  Reply with Quote
Hi

I have a pension scheme but haven't paid into it for the last 4 years. What will have to the money in there, is it just frozen until I resume payments or will the OR take it? thanks

JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 20 November 2008 :  14:59:10  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Maz,

As long as it's an Inland Revenue approved pension and you're over 3 years from retirement, your pension will be safe. However, if you make any AVC's, you will be asked to stop during the period of your bankruptcy.

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
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