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Scottish Trust Deed Forum
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Topic starter
07/01/2010 8:25 am
If you enter into a Protected Trust Deed is it acceptable/allowed (by agreement or law) to continue paying into a pension - eg 6% of wage deducted each month by employer into their scheme, which I've been in since starting employment.
Or would it have to be suspended during the period of a PTD, to create a bigger contribution into the PTD?
07/01/2010 9:18 am
Hi Bob
Welcome to the forum. As long as you are paying a reasonable amount to your pension I canÔÇÖt imagine that any trustee would object to this. I would certainly class 6% as reasonable.
Julie
Julie is not currently posting in the Trust-Deed.co.uk forum.
Topic starter
07/01/2010 2:03 pm
Many thanks Julie
07/01/2010 2:08 pm
Hi bob,
If you do choose to take this path you will want to clarify that the firm you are working with take the same view as Julie.
This forum is full of examples of areas in which Trust Deed firms seem to interpret similar situations in different ways.
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