Is there a limit on how much pension I can have?

No, but there is a limit to the size of a pension fund people can build up tax-free. This is known as the 'Lifetime Allowance' (LTA) and is currently set at £1m.

If you are lucky enough to be affected by the LTA then you should take specialist advice. There is more on the LTA on the GOV.UK website.

Note: This content is provided as general background information and should not be taken as legal advice or financial advice for your particular situation. Make sure to get individual advice on your case from your union, a source on our free help page or an independent financial advisor before taking any action.

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