State Pensions
The latest news, updates and opinions on State Pensions from the expert team here at MoneyWeek
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26 million Brits at risk of retirement shortfall if state pension triple lock were to be scrapped
Current projections of pensioner poverty assume the state pension triple lock will be in place for the next 50 years. Critics say this is unlikely and revised figures showing pension undersaving among millions more people give a truer picture of the crisis
By Laura Miller Published
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What is the state pension age and when will you get yours?
Significant differences in life expectancy across the UK mean people in some areas will receive far fewer state pension payments than others, according to new research. We look at when the age is next scheduled to go up, and whether people could have to wait until their 70s, or even 80th birthday, to claim their state pension
By Ruth Emery Last updated
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1 million pensioners relying solely on state pension face £1.4k shortfall
The shortfall between the ‘minimum’ required for Pensions UK’s basic Retirement Living Standards and the full new state pension will be thrust into the spotlight on Saturday
By Laura Miller Published
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What is the state pension triple lock?
The UK state pension triple lock is loved by pensioners but hated by economists. What is the triple lock – and what does its future hold?
By Katie Williams Last updated
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Waspi women compensation decision to be reconsidered by the government
Many women born in the 1950s got a raw deal due to the rising state pension age. The “Waspi” campaign group has been lobbying for compensation for years. We outline the journey so far and explore whether they might finally receive some money.
By Ruth Emery Last updated
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Radical reforms to state pension age and guaranteed payouts proposed
The state pension age should rise by one year every decade “for the foreseeable future” to make the payments more affordable, former pensions minister Steve Webb has suggested
By Laura Miller Published
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UK state pension is least generous in the G7 – how do other rich countries compare?
British retirees get substantially less in state pension than in other wealthy nations, and for fewer years, but the balance is a lower tax burden on working age people
By Laura Miller Published
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State pension to rise 4.8% in April under triple lock
The full new state pension is set to reach £12,548 a year, reflecting the 4.8% wage growth measured under the triple lock. The bumper boost will raise questions about fairness and sustainability, while more pensioners could be hit with a tax bill
By Ruth Emery Published
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Should state pension age rise to 70? Have your say in government review
The state pension age review will consider the “merits” of automatic increases tied to life expectancy. If you want to give your view, you’ll need to be quick, as the deadline is looming
By Ruth Emery Last updated
