Question regarding pensions.9 Jul 2020 17:08
Hi folks, good to be back listed today, took me by surprise.
I have 400k shares in my sipp, and 50k in a trading account.
I realise I won't break the pension limit with this stock but I have other longs in my portfolio, and also 25 years of £50 p/w Final salary payments.
My questions are.
If I manage to break the limit, would it be my sipp that gets adjusted? ie, just move shares to my trading account?
Secondly, if it goes to nn and it's dividend plus NN shares, could I withdraw the dividend tax free from my trading account?
Thanks for your time.
GLA