The Pension Forum: Compensation payments paid into a pension

Pension compensation payments can be made for a number of reasons and, in many cases, the money is paid into the individual’s pension savings. Are these payments considered to be third-party contributions and, if so, do they benefit from tax relief? What other factors should be considered, such as any protections the client may hold? Fidelity Adviser Solutions’ Paul Squirrell, their pension expert, gives his answer in the Pension Forum.

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