State Pension Guide
It’s not the most exciting of subjects, or the most straightforward. However for many people, the State Pension forms an important element of their income in retirement.
With the many changes to the State Pension over the years, the rules have become incredibly complicated. Former Pensions Minister, Steve Webb, has just launched a new guide to the State Pension, to help individuals overcome the complexity. This guide can be found below.
If you are yet to reach State Pension age and haven’t recently obtained a State Pension forecast, it would be worthwhile doing so, to determine what you are likely to receive; particularly given the change to a flat rate pension scheme earlier this year. Please see my article at the link below which explains how to obtain your State Pension forecast.
As always, if you require advice or assistance please do get in touch.
This article is intended for information purposes only and should not be considered to be a recommendation. This article is based on our understanding of current and draft pension and tax rules as at the date of this article. Please note that tax and pension rules are subject to change; if you are at all uncertain about the suitability of any option for your circumstances we strongly suggest you seek regulated personal financial advice. You should not take action solely on the basis of this article without seeking advice specific to your circumstances. Please get in touch to find out more.
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