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 Hi there,I have recently been made bankrupt
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nathan 2
Junior Member

United Kingdom
192 Posts

Posted - 07 June 2009 :  21:25:31  Show Profile  Reply with Quote
Hi there,

I have recently been made bankrupt (May 2009). I have had my OR interview and now await the outcome of the potential IPA that may be applied to my earnings.

Irrespective of the outcome of this, am I now allowed to start a pension with the new company that I work for?

I have always relied on my property investments to be my “pension” for the future, but as they are now gone – I need to consider alternatives.

The company based pension would require me to make minimum payments of £5 per week which would be doubled by my employer. Would this be allowed though?

Many thanks for any help.

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 07 June 2009 :  22:13:17  Show Profile  Reply with Quote
Hi, I'm not sure, but if you can fund this from your allowances, I don't see any reason why not.

Hopefully one of the experts will be along to confirm or otherwise.

The glimmer gets brighter all the time

Jan
xx
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