| Individuals | £3,600 or 100% of net relevant earnings to £40,000* |
| Employers | £40,000* less employee contributions |
| Minimum age for accessing beneits | 55 |
| Lifetime allowance | £1,250,000 |
* Plus unutilised allowances from the 3 previous years. £10,000 limit may apply if in income drawdown.
Pension contributions for additional rate taxpayers will be tapered to a minimum of £10,000 a year from April 2016.
