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Personal Pension Schemes

This term is now redundant in its technical pre-April 2006 sense, although it is expected to continue as a marketing/descriptive term.

What you need to know post April 2006 if you have an existing Personal Pension Plan contract.

It will continue as a Money Purchase Arrangement, and you/your employer can invest as much as you like, subject to the Annual and Lifetime Allowance rules.

Last updated on April 7, 2010

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