Making the most of stakeholder contributions

There is a danger that the public may perceive the £3,600 annual contribution that can be paid into a stakeholder scheme without reference to earnings as an absolute maximum. In fact, this only represents the maximum contribution for an individual aged 35 or under who earns less than £20,556. This means that individuals who earn well in excess of national average earnings (£21,350) can and should pay more. Of course, the percentage of earnings necessary to produce an appropriate level of pension will vary according to existing provision and the availability of other sources of retirem...