Retirement: Are you one of the 50% of workers to miss out on the flat rate State Pension?

Are you one of the 50% of workers to miss out on the flat rate State Pension?New figures have shown that millions of workers retiring from 2016 will not receive the full flat rate State Pension. In fact, the research completed following a Freedom of Information request by Hargreaves Lansdown has shown that in the first five years nearly two million people will miss out on the full flat rate State Pension. The Government has introduced the flat rate State Pension an effort to simplify the complex system, whilst ensuring that saving into a ...

State Pension: The flat rate State Pension, good news or an opportunity missed?

State Pension: The flat rate State Pension, good news or an opportunity missed?The announcement that the government plans to introduce a new flat rate State Pension will dominate the news for a few days to come. Many pension experts have welcomed the changes, siting a simpler system, which will better target those most in need, however after assessing the detail a growing number of dissenting voices can now be heard. So, is the flat rate State Pension as good ...

State Pension: Flat rate State Pension to be confirmed

State pension changes to be announced later today, flat rate State Pension to be introducedMore details of the long awaited flat rate State Pension will be announced later today. Following a long period of consultation it is expected that the government will announce the flat rate State Pension will start from April 2017. It is anticipated that the new flat rate State Pension will be set at £144 per week; although this figure will be adjusted to take account of inflation between now and 2017. The flat rate State ...

Everything you need to know about deferring your State Pension

Everything you need to know about deferring your State PensionReaching the State Pension age is often a seminal moment and many of us still retire when we reach this milestone. However, more and more people are continuing to work past their State Pension age and defer taking their State Pension until they actually retire. Increasing numbers of people are looking for more flexibility in their retirement planning, so we thought we’d take a look at some of the questions we regularly get asked ...