Answers · UK 2025/26
What is the Money Purchase Annual Allowance in 2026/27?
The Money Purchase Annual Allowance (MPAA) is £10,000 for 2026/27.
Full answer
The Money Purchase Annual Allowance (MPAA) limits pension contributions to money purchase (defined contribution) pensions to £10,000 per year once triggered. It is triggered by flexibly accessing pension income -- for example, taking the first drawdown payment from a flexi-access drawdown pot. Once triggered, the MPAA cannot be reversed and must be reported to employers and pension providers within 91 days.
This answer is informational only and does not constitute financial, tax or legal advice. Figures are for the 2025/26 UK tax year. See our methodology and sources.