Are there limits on the amount I can save into my Collegia pension?

You might not know that there is not a hard limit on your pension contributions, you can add as much as you like in your pot. However, there is a cap on how much tax relief you can get on your contributions. Every time you pay into your pension, you'll receive a 25% tax bonus on your contribution from the government. The government offers this bonus to encourage you to save for your future. However, there's a limit on how much you can get back. The "Annual Allowance" is the maximum pension contribution limit that puts a ceiling on how much tax relief you can benefit from. Right now you can get tax relief on pension contributions up to £60,000 or 100% of your earned income each tax year, whichever is lower. Please note that Collegia does not offer tax advice, so if you are not sure about your circumstances get in touch with an Independent Financial Advisor (IFA).

Updated on: 09/04/2026