State Pension: More than 50% of people unaware of State Pension changes

iStock_000003696929SmallNew research has shown that staggeringly over 50% of the UK population is unaware of changes to the State Pension and more importantly how it will affect them. Even more worryingly, the survey conducted by Met Life, found that 32% of 55 to 64 year olds, the next generation to retire, did not know the State Pension is about to change. State Pension confusion...

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 ...