technical-solutions

From highlighting technical nuances to guidance that can help identify client-specific solutions, our team is here to help.

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Pension Posts

DB schemes - Do I stay or go? - updated

How defined benefit transfer values are calculated

Ill health and retirement benefits - updated

Pension Adjustment Orders - updated

Pension Adjustment Orders and the threshold limit - updated

Pension Threshold limit system - updated

Public service pensions - updated

Public service encashment option - updated

Salary sacrifice and employer pension contributions

State Pension (Contributory) - updated

Threshold funding - when to stop funding

There are Revenue limits on the maximum pension that a scheme member can have, which means there’s a maximum fund that can be accumulated to reach this target pension. Our maximum funding calculator calculates the maximum contributions that can be paid to allow an employer and employee fund for that pension.

Simply fill in your client’s details including any existing pensions and our calculator will do the rest. The illustrative figures are based on the information input. If the information is not correct, the maximum funding position will be incorrect which may result in adverse tax consequences.

The calculator quotes the maximum ordinary and special contribution options. The figures illustrated in the contribution options include all ongoing employer and employee contributions already being paid in respect of this employment.

Read Maximum funding for pensions for more information on the different options on your client's maximum funding illustration.

Max funding calculator

Maximum funding for pensions

This calculator is intended for use by Financial Advisers only and is based on Standard Life’s understanding of the operation of the rules and regulations relating to maximum pension funding set out by Revenue. The illustration is provided as a guideline only and does not constitute financial advice.

Standard Life is open for QROPS business

If your client has worked in the UK at some stage of their career, they’ll probably have invested in a UK pension. Now that they’re back living in Ireland, they may wish to bring their pension home and have more control over their investment options, both now and when they retire. Please contact your Business Manager with any queries.