Tax and other complex pension topics

We understand pensions can be such a daunting and tricky subject. Take a look at our useful videos to make pensions a bit more digestible.

Understanding tax relief

Discover more about tax relief on your pension contributions with the help of Sid the Squirrel.

BTP Tax relief from Railpen on Vimeo.

Understanding the Annual Allowance

There are limits to how much you can contribute towards your pension before hitting the Annual Allowance and facing tax on your contributions.

BTP Annual Allowance from Railpen on Vimeo.

Understanding the Tapered Annual Allowance

You may have a reduced Annual Allowance if you're a high earner. Our video explains how it works.

BTP Tapered Annual Allowance from Railpen on Vimeo.

Understanding the Money Purchase Annual Allowance

If you take money from your DC (defined contribution) pension, there may be certain limits.

BTP Money Purchase Annual Allowance from Railpen on Vimeo.

Also in this section

Each of Railpen Limited (registered in England and Wales No. 2315380) and Railway Pension Investments Limited (RPIL) (Registered in England and Wales No. 1491097) is a wholly owned subsidiary of Railways Pension Trustee Company Limited (Registered in England and Wales No. 2934539). Registered office for each company: 100 Liverpool Street, London EC2M 2AT. RPIL is authorised and regulated by the Financial Conduct Authority for some of its activities. The administration of occupational pension schemes is not a regulated activity. Full details about the extent of RPIL's authorisation and regulation by the Financial Conduct Authority are available from us on request.