New state pension proposals: Are you a winner or loser?

Investment Sense Verdict_istockUpdated 15th January 2013: Over the past few days the media have extensively covered the proposed government reforms of the State Pension system and the announcement of a new flat rate State Pension. Under the proposals a new flat rate State Pension will be introduced, "not before" April 2017, of £140 per week. After adjustment for inflation this would be approximately £160 by the time it is introduced. To qualify for the new flat rate an individual would need to ...