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State Pension

Displaying items by tag: State Pension

Thursday, 03 January 2019 11:21

Warning as State Pension marks 110 years

The State Pension is 110 years’ old this week but an increasingly ageing population could spell future uncertainty according to experts.
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Men and women will for the first time share the same state pension age of 65 from tomorrow (6 November 2018) marking a major pensions milestone set in train 25 years ago but critics say the change is far from fair to women.
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Thursday, 26 July 2018 14:25

Disposable income of retirees grows fastest

New figures from the Office of National Statistics have revealed that retired households saw a bigger jump in disposable income than their non-retired counterparts.
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Tuesday, 03 July 2018 12:36

1 in 4 expect to work past 70 survey reveals

Many pension savers believe they will be working either full or part time when they reach the age of 70.
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The European Court of Justice has ruled in favour of a transgender woman who was denied access to her pension.
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Thursday, 11 January 2018 14:57

Possible jump in NI looms to fund state pensions

The Government Actuary is suggesting a 5% rise in National Insurance by 2032 to prevent a deficit in the National Insurance Fund used to pay out state pensions, a possibility based on the latest Government Actuary Department projections.

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Former pensions minister Sir Steve Webb has warned that Labour Party plans for reduced state pensions from 64 “face serious practical obstacles.”

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The Adam Smith Institute says the move to raise the state pension age to 68 earlier than planned fails to go far enough.
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A report on the pensions awareness of Britain’s under-35s has exposed widespread ignorance of the pensions freedoms, two years on from the changes.
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In the six months after the launch of the new State Pension in April more than 1.5 million personal State Pension forecasts were issued, says the Department for Work and Pensions.
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